Turnkey 5-Unit Multifamily - Strong Cash Flow in Congress Heights An exceptional opportunity for investors: this fully renovated 5-unit multifamily delivers immediate income, minimal maintenance, and long-term appreciation potential in one of DC's fastest-growing neighborhoods. Each of the five 2BR/1BA units ( 625 sq ft) has been updated with stainless… Read More steel appliances, in-unit washer/dryer, LVP flooring, central heating & cooling, and modern finishes. Projected gross annual rents exceed $95,000, offering a solid return with room for rent growth as Congress Heights continues to revitalize. Built in 1953 and comprehensively updated in 2022, this asset is truly turnkey - no major capital improvements required. Investors benefit from predictable cash flow, low operating costs, and strong tenant demand driven by proximity to the Metro Green Line, I-295/I-495, the Entertainment & Sports Arena, and the St. Elizabeths Campus redevelopment. 1f4c8; Perfect for: 1031 exchange buyers, out-of-state investors seeking stable returns, or local landlords looking to expand their DC portfolio. 1f4bc; Bonus Incentive: Seller will pay both sides of transfer & recordation taxes with a ratified contract and closing within 30 days. 4230 6th St SE offers the rare combination of turnkey condition, attractive cash flow, and prime location - a true plug-and-play addition to any multifamily portfolio. Read Less
3,236 sqft living area, Built in 1953, Major renovation in 2022, Structure Type: Detached, Wall & Ceiling Types: 9'+ Ceilings, 4 units in building, 3 levels in building, Unit/Flat, Brick
Cooling
Central Air, Electric, Central A/C
Floors
Vinyl
Foundation
Slab
Heating
Natural Gas, Forced Air
Lot
6,462 sqft, 0.15 acres, Level
Property
Other Structures: Above Grade, Below Grade, Soil Types: Unknown, View: Street, 5 two-bedroom units
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