Prime Turnkey Investment - High-Yield, Fully Renovated 9-Unit Multifamily in Dupont Circle Investor Alert: Seize this rare opportunity to acquire a stabilized, high-income-producing 9-unit multifamily asset in one of Washington, DC's most sought-after rental markets. Fully renovated in 2020, this turnkey investment delivers immediate cash flow, strong appreciation potential, and… Read More minimal operational risk - a perfect addition to any portfolio. Investment Highlights: Stable Rental Income: $23,371 per month in gross rent, with a history of strong occupancy High-Demand Asset Class: Fully leased units, catering to professionals and long-term tenants in a thriving rental market Low Capital Expenditure: Comprehensive 2020 renovation ensures modern, durable interiors and reduced maintenance costs Diverse Unit Mix: 1 two-bedroom, one-bath unit 5 one-bedroom, one-bath units 3 studio apartments Off-Street Parking: A rare and valuable amenity in this location Premium Location: Steps from Dupont Circle, Adams Morgan, and the U Street Corridor, surrounded by DC's top dining, entertainment, and transit options Strong Market Fundamentals: High rental demand, steady appreciation, and a prime location for continued tenant interest Why This Investment Makes Sense 2714; Cash-Flow Positive from Day One - Fully occupied with market-rate tenants, ensuring immediate returns 2714; High Appreciation Potential - Located in a historically strong property value growth area 2714; Reduced Vacancy Risk - Situated in a high-demand urban hub, attracting professionals, diplomats, and long-term renters 2714; Hassle-Free Ownership - All major systems updated, minimizing operational costs and maximizing net operating income (NOI) This low-risk, high-ROI asset is a perfect fit for commercial investors seeking a stable, appreciating multifamily investment in Washington, DC. Don't miss this rare opportunity to acquire a fully stabilized, cash-generating property in one of the most desirable neighborhoods in the city. Read Less
Courtesy of DANNY LEUNG, Century 21 Redwood Realty [email protected]
Listing Snapshot
Days Online
13
Last Updated
Property Type
Five Or More Units
Square Ft.
3,850
Lot Size
0.09 Acres
Year Built
1940
MLS Number
DCDC2184650
30 Days Snapshot Of 20009
$1,020k
+15%
(avg) sold price
41
0%
homes sold
51
-3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
3,850 net sqft, 3,850 total building sqft, Built in 1940, Major renovation in 2020, 9 units in building, 4 levels in building, Brick
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.