Washington is located in District of Columbia. Washington, D.C. has a population of 701,527. 13.1% of the households in Washington, D.C. contain married families with children. The county average for households married with children is 18%.
The median household income in Washington, D.C. is $98,902. The median household income for the surrounding county is $98,902 compared to the national median of $66,222. The median age of people living in Washington D.C. is 38.7 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 43.7 inches per year, with inches of snow per year.
Motivated seller, bring an offer! Renovated turnkey five unit building for sale in Marshall Heights. Pro forma cap rate is 9%+ Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), unit 3 (2 bedroom/1 bath, $1,475/month) and unit 5 (2 bedroom/1 bath, $1,757/month). Units 4 and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant unit. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units and renovated and feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6,758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!
ð?ð±ð?ð?ð¥ð¥ð?ð§ð ð¢ð§ð¯ð?ð¬ðð¦ð?ð§ð ð¨ð©ð©ð¨ð«ðð®ð§ð¢ðð² ð¢ð§ ðð¡ð? ð?ð?ð?ð§ð°ð¨ð¨ð ð§ð?ð¢ð ð¡ð?ð¨ð«ð¡ð¨ð¨ð ð¨ð? ð?ð?ð¬ð¡ð¢ð§ð ðð¨ð§, ð?ð?. This ð?ð®ð¥ð¥ð² ð¨ð?ð?ð®ð©ð¢ð?ð ð?ð?-ð®ð§ð¢ð multifamily property-comprised of ten 3-bedroom units, one 2-bedroom unit and one 1-bedroom unit-was recently acquired through foreclosure and is being ð¬ð¨ð¥ð ð¬ðð«ð¢ð?ðð¥ð² ð?ð¬-ð¢ð¬. The building includes over 9,700 square feet across three stories and features off-street parking for 11 vehicles. Located ð?ðð£ð?ð?ð?ð§ð to the ð?ð?ð?ð§ð°ð¨ð¨ð ð?ð?ðð«ð¨ ð?ðð?ðð¢ð¨ð§ and Deanwood Recreation Center, with immediate access to major commuter routes including I-295, the property is positioned in a rapidly improving corridor with strong rental demand. The Deanwood area continues to attract both public and private investment, reinforcing its appeal for long-term multifamily ownership. Notice of Sale was delivered to all tenants on April 15, 2025, in accordance with TOPA.â?¨Do not disturb occupants. No unit access will be permitted without an accepted offer. Ideal for experienced investors seeking a stabilized income-producing asset with continued growth potential. All information shall be independently verified by the buyer.
THIIS LAND IS OPEN FOR AN ASTUTE DEVELOPER WITH A GREAT VISION, THIS IS RIGHT ON THE BORDER BETWEEN WASHINGTON DC AND MARYLAND , IT PRESENT GOOD OPPORTUNITY FOR A DEVELOPER
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Friday, May 2nd and ends Wednesday, May 7, 2025 @ 12:00PM. Excellent opportunity to purchase a partially-leased, 9 unit apartment building. The property is well-located in the heart of the "Benning Heights" neighborhood of NE, Washington. According to the DC Office of Tax and Revenue, the property is 5,500 +/- sq. ft. of land area. It is zoned RA-1 and is served by public water, sewer, gas and electric. The property is improved by a three-story multi family building. The building's unit mix consists of 8 1 Bedroom/1Bath units and 1 studio. Based on the Rent Roll as of September, 2023, eight of the building's 10 units are occupied. All units are separately metered for gas and electric. Tenants pay their own gas and electric expense. Unit 102: Currently rented for $955.33/month. Unit 103: Currently rented for $1,159.75/month. Unit 104: Currently rented for $1,184.44/month. Unit 201: Currently rented for $1,114.04/month Unit 202: Currently rented for $1,157.68/month. Unit 203: Currently rented for $1,047.73/month. Unit 301: Currently rented for $922.01/month. Unit 302: Currently rented for $1,050/month. Unit 303: Vacant â?¢ Gross Scheduled Monthly Rent = $8,590.98/month (Based on the Rent Roll as of September, 2023 which has 1 vacancy) â?¢ Gross Scheduled Annual Rent = $103,091.76/year (Based on the Rent Roll as of September, 2023, which has 1 vacancy) **Gross Potential Annual Rent Of $136,320** **Gross Potential Monthly Rent of $11,360** Please note that the estimated monthly rents for the vacant units used for the Gross Potential Monthly and Gross Potential Annual Rent calculations above were based on the DCHA's (DC Housing Authority) newly established process for determining rent reasonableness through the "Market Rent Estimator" No TOPA contingency needed.
Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down. Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office. Seller financing available with 30% down,6% interest and 60 month option. Generating a gross income of $21,600, the current rent is just month to month . With the potential to raise rent. The value is in the lot this being corner unit and zoned MU-3A tons of potentials. Property can be delivered vacant . Don't miss out on this golden opportunity to own a prime piece of real estate. Sold " AS IS"! Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
Incredible Opportunity in Hot Deanwood! Over 3400 Sqft On 2 Levels, Zoned R-2, on a 5,188 sqft Lot! Previously used a religious facility. Upper Level Set Up with Large Open Room, Elevator, and Office plus Staircase in Rear. Lower Level features Large Open Room, Kitchen, Two Commercial Bathrooms, and Storage. Less than a Mile to Minnesota Ave Metro! Restaurants, Grocery, Parks and Schools within Walking Distance. Just Minutes to 295, Benning and E Capitol St. Fast Growing Area and Centrally Located.
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