1211 18th Pl NE,WASHINGTON, DC 20002
WASHINGTON, DC 20002
Description
Newly Renovated 4Unit Apartment Building | MoveIn Ready | HighYield Investment Exceptional opportunity to own a fully renovated 4unit apartment building located in Northeast Washington, DC, just minutes from the U.S. National Arboretum with easy access to I295 and the BaltimoreWashington Parkway. This property features four spacious 3bedroom units, with two units per floor, thoughtfully redesigned with modern finishes throughout. Renovations have just been completed, and the building has never been occupied since renovation-protective wrapping remains on all appliances, offering a truly turnkey investment. Property Highlights 4Unit Multifamily BuildingFour (4) 3Bedroom UnitsTwo Units Per FloorBrandNew Renovation - Never OccupiedMoveIn ReadyAllNew Appliances (factory wrapping still intact)Gas Heating2 OnSite Parking SpacesLocated Near Arboretum, I295, and BW Parkway Investment Performance Projected Annual Rental Income: $201,600Impressive 26% CAP RateRearLocated Building Offering Privacy and Strong Tenant Appeal This is a rare, highcashflow asset ideal for investors seeking immediate income with minimal maintenance. Convenient location, strong rental demand, and brandnew construction quality combine to make this an outstanding longterm or valueadd hold.Do not miss this exceptional Northeast DC investment opportunity.
Details
| MLS # | DCDC2250212 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1941 |
| Days On Site | 160 |
| Listing Provided By | Samson Properties | Deborah D Boddie |
Features
| SQ Feet | 3,270 |
|---|---|
| Units | 4 |
| Zoning | RESIDENTIAL |
| Acreage | 0.07 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Window Features | Double Hung |
| Appliances | Refrigerator, Stove |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Block |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Concrete Driveway, Private |
Utilities
| Utilities | Sewer Available, Water Available, Natural Gas Available |
|---|
Taxes
| Tax Annual Amount | 7200 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20002) | |
Price: $1,199,000 low | high Med: $460,000 sqft: 3,270 low | high Med: 1,404 $ / sqft: $367 low | high Med: $328 On site: 160 low | high Med: 208 | |
Market Activity 20002
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20002) | |
Price: $1,199,000 low | high Med: $460,000 sqft: 3,270 low | high Med: 1,404 $ / sqft: $367 low | high Med: $328 On site: 160 low | high Med: 208 | |
 | $599,0001227 18th Pl NeWashington, DC 20002 |
 | $1,090,0001908 M St NeWashington, DC 20002 |