A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.
For sale
$4,000,000
1311 R St NW, Washington, DC 20009
6beds
--sqft
Est.:
Townhouse
Built in 2018
1,811 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gorgeous tree-lined streetNewly built attached properties
- 154 days
- on Zillow |
- 752 |
- 9 |
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