2,100 SqFt
2,100 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $678
MLS Listing ID DCDC2276670
Style Art Deco
Abv Grd Liv Area 2,100
Year Built 1900
Annual Tax Amount $9,995
Tax Year 2025
Lot Size 258 Sqft
Acres 0.01
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
This asset has undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, this property delivers an attractive stablized CAP rate of 9.96%, once fully leased.
This four-unit building also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers. In Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire this asset with low down payment requirements while benefiting from market-rate rents.
With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellow students or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Electric
Heating Central
Cooling Energy Star Cooling System
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Slab
Above Ground Finished SqFt 2100
Sewer Public Sewer
Water Public
Architectural Style Art Deco
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source 2100
Acceptable Financing Cash, FHA, Other
Listing Terms Cash, FHA, Other
Financing Cash,FHA,Other
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS