4,560 Sqft Lot
4,560 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2253442
Year Built 1943
Available Date 2026-04-25
Annual Tax Amount $5,863
Tax Year 2025
Lot Size 4,560 Sqft
Acres 0.1
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
The property offers five individually metered 1BR/1BA units, each fully furnished with in-unit washer/dryer, smart TV, queen bed, dedicated workspace, Keurig, and full kitchenware. All-electric and separately metered per unit; shared water only. 3,780 gross SF on a 4,560 SF lot. Zoned R-5-A. Roof replaced 2018.
Currently 100% occupied, generating $92,703 in annualized gross income. Pro forma NOI of $67,589 reflects an 8.5% cap rate at the list price. Turnkey furnished product with value-add upside through repositioning of unit rates.
Federal Opportunity Zone and HUBZone designations offer potential tax advantages for qualifying buyers. The location benefits from over $500 million in active neighborhood development within one mile, including Phase 3 of Skyland Town Center (0.3 miles) and the Barry Farm Redevelopment (0.9 miles), anchored by Lidl and the city's first drive-through Starbucks.
Comparable furnished units in the DC metro are priced significantly higher by national operators, positioning the subject's furnished product competitively within its submarket.
Full Offering Memorandum, financials, and rent roll available to qualified buyers with a signed confidentiality agreement. All five units are tenant-occupied — showings by appointment only with advance notice; please do not disturb or approach occupants. Contact listing agent to schedule and to receive detailed financials.
Location
State DC
County Washington
Zoning R-5-A
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Flooring Luxury Vinyl Plank
Inclusions Furniture, security cameras, smart locks
Heat Source Electric
Exterior
Garage Spaces 5.0
Utilities Available Water Available, Sewer Available, Electric Available
Water Access N
Roof Type Built-Up,Flat
Accessibility Ramp - Main Level
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Stanton
Middle Schools Kramer
High Schools Anacostia Senior
School District District Of Columbia Public Schools
Others
Tax ID 5643//0004
Ownership Fee Simple
Security Features Smoke Detector,Security System,Exterior Cameras,Main Entrance Lock,Surveillance Sys
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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