4936 Nash Street NE
Washington, DC 20019

4936 Nash Street NE is a 12-unit multifamily property in the Deanwood neighborhood of Northeast Washington, DC. Located just a 5-minute walk from the Deanwood Metro Station and steps from Deanwood Community & Aquatic Center, 4936 Nash Street NE is a three-story fully detached building that has a unit mix consisting of eleven (11) one-bedroom units and one (1) efficiency unit. Five (5) of the building's twelve (12) units are currently vacant and in rent-ready condition, with an additional sixth vacancy delivered upon settlement. Six (6) of the units have balconies. When fully occupied with the current unit mix, the building can produce $160,000+ of rental revenue annually. However, the square footage of the building's units presents the ability for an investor to potentially add bedrooms to units, effectively creating two- and three-bedroom units, increasing the potential rental revenue that can be achieved. The building features a parking lot in the rear that accommodates 8+ parking spaces. Tenants are responsible for paying their own electric and gas, while the Landlord is responsible for paying water/sewer. The size (9,530 SF) and zoning (RA-1) of the building's lot provides for additional density if an investor seeks to redevelop the property in the future. The TOPA process has already been completed.