**TENANT OCCUPIED - MUST CALL FOR APPT FIRST. DO NOT GO WITHOUT APPT ** Currently set up as hair salon on 2 floors. Solid brick building located on high visibility University Blvd East. Bldg has 4 separate entrances/exits; 2 half bathrooms; kitchenette; private parking lot in rear of bldg and 2 parking spots at front. Additional 325+ sq ft space on upper level for use or storage. Close to University of MD College Park campus and future Purple Line metro station. NOTE: Sellers also selling residential property next door - 623 University Blvd E - Tenant occupied.
Here is a great opportunity to own a unique circa 1920 Arts and Crafts style property in the heart of the Historic District of the City. This Commercial property has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency) and over 3,000 square feet of space, and 1 retail store with 1100 square feet of space on 2 levels. Just a half-mile stroll to Takoma Metro Station and nearby restaurants and stores are located all around you. Enjoy the July 4th parade from the front porch and the Takoma Street Festival in front of your door and easy access into Washington, D.C.
This is wonderful investment opportunity..Investor will appreciate the quality and good history of ON TIME RENT PAYMENT. 5 APARTMENTS OF 2 Bedrooms and 1 Bath eachBack on the Market. Just found out property has an extra lot worth more than two hundred and eighty thousand
This beautiful Church is nestled in Takoma Park, Maryland. The property seats approximately 400 and boasts two levels, with three bathrooms. The service area has ample lighting and includes a front stage and audio room. Natural light brightens the space with tall ceilings and wide aisles. The basement level includes multiple classrooms, a Pastor's office, storage, and a kitchenette. It is approximately 1 block from the future purple line station, making metro accessibility at your fingertips. The church has been well maintained and is ready for a new congregation or developers looking for a great area. Please contact the listing agent, Kendall Jones for showings.
Multifamily Portfolio Sale in DC! Attention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunityâa prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024. Strategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies. Listed at $33,450,000, this opportunity promises substantial returns, backed by D.C.âs consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.
Big PRICE REDUCTION, Motivated seller, 700K Lower than the listing price. The 4,259-sf corner lot offers five two-bedroom apartments with a den or additional enclosed space that can be used as a bed rooms. This five units apartment building provide flexibility to a diverse range of tenants located in NW Washington DC one of the best locations in DC close to all amenities , close to Fort Totten metro station and a few minutesâ drive to Capitol Hill, White house, Downtown. Tremendous upside potential in its current state and offer expansion opportunity to additional units on the side and back yards. A lot of street parking space with additional parking on the back of the building. And 100% occupied.
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, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you. Generating a gross income of $21,000, the current rent is just the beginning. With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials. Current lease will expire in one year. Don't miss out on this golden opportunity to own a prime piece of real estate. Act now before it's gone! Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
Price Reduction!! Commercial Zoned property and Building located in the Heart of the Town of Capitol Heights. This building features 5 units. Four of the units are Dental/Office space and one unit is a 2 Bedroom, 1 Bath, apartment. Adjacent vacant lot is included in sale. Property is close to the Metro Station, Fire House, Post Office, shopping and more.
Welcome to an unparalleled investment opportunity in Washington D.C. where urban convenience meets sustainable living. This exceptional 22-unit building is now available for sale, offering a unique blend of modern luxury, eco-friendly features, and a highly desirable walkable neighborhood. Fully permitted and 70% complete 22 unit apartment/condo with off street parking. Call for more information!
Be Your Own Landlord! Renovated Condo Building Steps from Gallaudet University Own a piece of vibrant Trinidad with this meticulously renovated condo building. This prime investment opportunity boasts six spacious units, offering a perfect blend of comfort and income potential: Four expansive 2-bedroom, 2-bathroom units. Two cozy 1-bedroom, 1-bathroom units: Substantially complete with major renovations, each unit provides a modern living experience. Finishing touches allow you to personalize the space and cater to your future tenants' preferences. Location, Location, Location! Situated steps away from Gallaudet University, this building is a convenient and comfortable home. Residents will also enjoy: Close proximity to trendy restaurants, shops, and entertainment options: Explore the best of Trinidad at your doorstep. Easy access to major highways and public transportation: Getting around the city is effortless. Don't miss this incredible chance to own a fully renovated condo building in a high-demand location. Contact us today to schedule a viewing! Please note: Finishing touches are required to fully complete the renovations.
Opportunity to invest in multi-unit property in Deanwood, NE Washington DC. All units are configured with 1 bedrooms and 1 bathroom , six (6) units total. Notable upgrades include: newer roof, updated flooring in some units, and more... This multi-unit building offers an excellent opportunity for savvy investors seeking to expand their portfolio. With a combination of style, convenience, and income potential, this property is a standout in the local market. Donât miss out on your opportunity to invest and set up youâre showing with us today
This new construction build is situated on a .05-acre lot, amassing six stories with a rooftop deck. Included in the 8,276 Square Feet of rentable space are six bi-level units and two penthouse each with a separate rooftop deck. Each of the eight units are delivered with condo level finishes including granite countertops, stainless steel appliances, custom granite tops, and much more. The property also comes with two parking spaces for future tenants. A buyer can achieve a NOI of approximately $219,283 in year 1, which operates at a 6.64% Cap Rate based off the sales price. This investment also yields a 15.76% 5- year levered return, which is highly attractive in todayâs market. Future appreciation based off of the corridorâs revitalization should also be considered when analyzing this investment. Since 2000, the median household income in the area has increased by 97.4%. The average household income in 2022 for this corridor is $145,000, approximately 50% higher than the U.S. average. With dozens of development projects set to be completed over the next few years, Brightwood is set to become a retail hot bed, with new commercial real estate being developed on Kennedy Street, and at the Fort Totten metro (five blocks away). The Kennedy Street corridor is a designated âGreat Streetâ corridor that is bolstered by new residential and commercial development. In addition to its recent residential building boom, Kennedy Street offers a mix of independent retailers, restaurants, and specialty grocers. This site is located two miles away from âThe Park at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center. This Park will include 3.1 million square feet of mixed-use development.
The Centurion Group is pleased to exclusively represent the owner of 1260 Holbrook Terrace NE, Washington, DC 20002. This property is situated on a .0x-acre lot in the Trinidad subdivision of Northeast DC. 1260 Holbrook Terrace NE is ideal for an Investor who is seeking to own a cash flowing, fully stabilized housing complex. A total of 4830 SF in six units. The two lower units 480 SF and 600 SF each, with 2BD/2BA. The two middle units are 600 and 635 sf each with 3BR/2BA. The two top level units are 600 and 635 SF each with 4BR/2.5BA. Once this building is stabilized an Investor can achieve a 7.5% +/- CAP Rate. This H-Street/Benning Road corridor also known as "Downtown Ward 7", is experiencing substantial mixed-use development. Adjacent to Gallaudet University, the premier national university for hearing impaired students, Trinidad has a guaranteed pipeline of tenants due to section 8 status. Adjacent H St corridor shopping and restaurant district is connected directly to Union Station via the DC Street Car, providing government and private industry employees a convenient residential neighborhood just minutes from downtown DC, Union Station, and Capitol Hill. The neighborhood also serves as the headquarters for major employers such as Pepco, DCâs Department of Employment Services, and Unity Health Care. This corridor is experiencing substantial public and private investment which is generating exciting opportunities for small businesses to grow.1260 Holbrook Terrace NE sits blocks away from entertainment/eatery options in Union Market and from major retailers on the H Street corridor. The District Department of Transportation (DDOT) has initiated the final design phase of the "Benning Road Bridge and Transportation Improvement" project. This final design phase will improve Benning Road NE by expanding the route of the DC streetcar, all the way to Georgetown, and by widening lanes for bicycle users and it will make this corridor more walkable. All showings must be coordinated through the listing agent, and occur with the listing agent present. Recommend you drive to the site and see the exterior yourself before contacting the listing agent. Offer requires a 5% deposit, with a proof of fund letter from the buyer's bank.
Shovel Ready 19 Unit Development with full plans and DC approved permits in Carver Langston. as a unique turnkey development opportunity, with all the challenging groundwork of permits and approvals already completed. This 19-unit multifamily building plan is designed to meet the high standards and demands of the area. Great project for experienced or new investors/developers.
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.
Fully completed and ready for your tenants! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 8-unit residence to the mix. 17th Place Flats has an expansive rooftop, the length of the whole building, with 360 degree views of DCâs skyline, a clear shot of the Washington Monument, and spectacular sunsets. In addition, each unit has its own semi-private outdoor space, 2 bedrooms and 2 full baths. Step inside the penthouse and you have the spacious living & dining area which is graced by a wall of windows that offer ample natural light. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic corner kitchen has quartz countertops, white subway tile backsplash, white shaker cabinetry with black metal hardware, and gas cooking. The brand-new SS appliances offer functionality and style. One of the two rooms can fit a queen sized bed or double as an office. The master bedroom ensuite is at the other end, full of natural light, a deep closet, full bath and its own balcony. Both full baths are modern with tilework in grey and white hues and sleek black trim. Washer and dryer in every unit. The secured paved 4-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while some units have the Vivent smart home security system installed and equipment already paid for (the top two and bottom two units). The low condo fees of $172/mo include trash, water, rooftop access, and the communal green space in the rear, perfect for grilling and picnics. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come.
Turnkey rental opportunity in Trinidad! Building is undergoing a full renovation and conversion to five units. Finished property to consist of approximately 4,700 gross square feet over three floors with a cellar, a penthouse, and two off-street parking spaces. Project to be delivered fully completed with C of O for turnkey investment! Two bedroom voucher rents in the zip code are $3,087/month per AffordableHousing.com. Pro forma 6.7% cap at the purchase price.
The ultimate in luxury awaits at the newly constructed five-level modern showpiece, The Dempsey, in the heart of burgeoning Carver Langston. The incredible 8- unit building has been thoughtfully designed and beautifully finished with unparalleled attention to detail. Each home's smart layout is light and airy with open floorplans with sleek contemporary styling. The palette and selection of materials in each home achieve the perfect balance of warm and cool tones. The building offers six 1BR/1BA homes and two 2BR/1.5BA penthouses with stellar rooftop decks with sweeping views of the DC skyline. The homes are bright and spacious with high ceilings, stylish kitchens with quartz countertops and stainless steel appliances, modern cabinetry, floating shelves, and luxuriously tiled bathrooms. Owners have a purchased parking option available, ample street parking, in-unit washers and dryers, and low condo fees. It's easy to see why Carver Langston is becoming DC's latest hot spot. With moments to the bustling H Street Corridor, developing Benning Road, easy errands, and The National Arboretum, the location is central to everything there is to love about DC living. Head to RFK for the Farmers Market and events. Hop on the trolly, Route 1, and I-295 for convenient commutes for work and play. This is an amazing opportunity for early entry into an up-and-coming area building equity for years to come.
30-unit apartment building under construction in Petworth on hot Kennedy Street. Site work is in progress with projected delivery in Spring of 2024. Plans are for a high-end design with modern finishes, ideal for condo resale, or can be a long-term hold as apartment residences.
Welcome to your new office space at the Lanham Professional Center, located on the 2nd floor of a modern commercial condo. This suite features three spacious offices, ideal for individual workspaces or meeting rooms, and private bathroom. Clients will appreciate the convenience of dedicated parking, ensuring easy access for all visitors. The location offers excellent connectivity, with direct access to I-495, facilitating effortless commutes and business travel. Additionally, the proximity to a variety of local commercial establishments provides ample opportunities for dining, shopping, and other professional needs. This office space combines functionality, convenience, and a prime location to support the growth and success of your business.
Prime Investment and Development Opportunity in Washington, DC Address: 1818-1820 Benning Rd NE, Washington, DC 20002 Lot Size: 0.09 Acres Building Size: 3,215 Sq. Ft. Year Built: 1947 Unlock the potential of this exceptional property located in the vibrant and rapidly developing Street, situated within an Opportunity Zone. This unique investment offers both immediate income and significant future development possibilities, making it a standout opportunity for savvy investors. Property Overview: â¢
