Welcome to 4013 Gault Place NE, a fully renovated and VACANT six-unit apartment building ideally situated in the heart of the rapidly growing Deanwood neighborhood of Washington, DC. Just steps from the Minnesota Avenue Metro Station, this property presents a rare and exciting opportunity for investors. Gut-renovated within the past… Read More few years, the building features modernized systems, updated electrical, new appliances, and refreshed exteriors - making it move-in ready for tenants. With market rents for two-bedroom units estimated at approximately $2,400 per month, the property is positioned for strong and immediate income potential. The unbeatable location offers unparalleled connectivity via the Minnesota Avenue Metro Station, serving the Orange and Silver lines, as well as quick access to major roadways, including I-295, I-495, I-95, and Route 50. Tenants will also benefit from the nearby Minnesota Avenue retail corridor, which provides convenient shopping, dining, and an array of amenities, with more on the horizon as the neighborhood continues to evolve. Don't miss this exceptional investment opportunity to own a fully updated, high-income-potential property in one of DC's most up-and-coming neighborhoods. Read Less
Courtesy of Ari Firoozabadi, Greysteel Company LLC [email protected]
Listing Snapshot
Days Online
171
Last Updated
Property Type
Single Family Residential
Square Ft.
5,076
Lot Size
0.11 Acres
Year Built
1953
MLS Number
DCDC2174580
30 Days Snapshot Of 20019
$384k
+5%
(avg) sold price
27
+8%
homes sold
43
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
5,076 sqft living area, Built in 1953, Major renovation in 2024, Structure Type: Detached, 4 units in building, Traditional, Brick
Cooling
Central Air, Electric, Central A/C
Accessibility Features
Other
Heating
Central, Central
Lot
4,800 sqft, 0.11 acres
Property
Other Structures: Above Grade, Below Grade, Soil Types: Unknown, 6 two-bedroom units
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