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ActiveWashington, DC, 20020
Great investment opportunity in the heart of Southeast Washington, DC! This well-maintained all-brick four-unit apartment building offers four spacious 2-bedroom, 1-bathroom residences, each with separate utilities, providing a true turnkey investment with minimal owner responsibilities. Three units are occupied by long-term tenants, providing immediate, stable rental income, while the fourth unit is currently being updated—offering the perfect opportunity for an owner-occupant to live in one unit while generating income from the other three, or lease the renovated unit at current market rents to maximize cash flow. The property has been meticulously maintained, with all occupied units in excellent condition, making it an attractive addition to any investor's portfolio. Whether you're a first-time investor utilizing owner-occupant financing or a seasoned multifamily buyer seeking a solid income-producing asset, this property checks all the boxes. Laundry facilities are located in the basement of the building. Conveniently located, the property offers easy access to the vibrant amenities of Southeast Washington, DC. Residents will enjoy nearby shopping and dining at the Skyland Town Center, neighborhood conveniences at the Good Hope Marketplace, and abundant outdoor recreation at Fort Dupont Park, Anacostia Park, and the Frederick Douglass National Historic Site. Commuters will appreciate quick access to Pennsylvania Avenue SE, Suitland Parkway, I-295, and I-695, with multiple Metrobus routes nearby and convenient connections to the Potomac Avenue, Anacostia, and Congress Heights Metro stations for easy travel throughout the Washington metropolitan area. Whether you're looking to build long-term wealth through rental income or secure a property that allows you to offset your mortgage with tenant income, this is a rare opportunity to own a quality multifamily asset in one of Washington, DC's growing neighborhoods.
Listed by: Lasonya J Abney, Cosmopolitan Properties Real Estate Brokerage
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