Stunning Renovated Multifamily Asset With Guaranteed Income
Updated: Today
MLS#DCDC2278384
About the Property
This fully renovated seven-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-c
This fully renovated seven-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has two six-bedroom, four five-bedroom, and one four-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.
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Property type
House
Year built
2023
Features
Investment Property
Renovated
Parking
Explore the Area
1944 3RD ST NE WASHINGTON DC 20002 USA, District of Columbia, United States
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Long & Foster Real Estate is part of The Long & Foster Companies, a subsidiary of HomeServices of America a
Long & Foster Real Estate is part of The Long & Foster Companies, a subsidiary of HomeServices of America and the industry pioneer of the all-inclusive approach to real estate. With Long & Foster, you have access to everything and everyone you need to buy, sell, rent, invest in and own a home. Real estate. Inspection. Mortgage. Insurance. Settlement. Moving. Property Management. It’s one company and one team with one goal - your real estate success.
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Last updated
Today
First listed
Aug 16
Listing reference
35559426-9799-11f1-831f-6045bdd61ac4
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