$ 1,200,000
-
$1,200,000
Price -
6
Bed -
0
Bath -
3,202
SqFt
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About the Listing REKL1 - 3100211
Located in the highly desirable **Kingman Park** neighborhood of **Washington, DC**, this well-maintained **four-unit multifamily property** presents an excellent investment opportunity with strong income potential. The building currently has **one occupied unit generating guaranteed rental income**, offering immediate cash flow while leaving additional units available for future leasing or owner repositioning. All units have been **updated to current code standards**, providing peace of mind for investors seeking a turnkey or lightly managed asset. Positioned just minutes from the vibrant **Capitol Hill & H Street Corridor**, the property benefits from close proximity to some of the city’s best dining, nightlife, and retail destinations. The area continues to experience strong growth and investor interest, supported by promising **return on investment (ROI) and appreciation potential**. Additionally, the property is located near the site of the future redevelopment around **RFK Stadium**, where major revitalization plans projected for completion around 2030 are expected to further enhance neighborhood demand and long-term value. Situated on a **quiet residential block**, the property offers tenants convenient access to neighborhood amenities, shopping, parks, and transportation while maintaining a peaceful community atmosphere. With its prime location, income potential, and strong market fundamentals, this multifamily asset represents an **ideal opportunity for investors seeking both stable cash flow and long-term appreciation in one of Washington, DC’s evolving neighborhoods.** Some photos showing unit virtually staged
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
DCDC2249580
Year Built
1932
Total Square Footage
3,202
Lot/Acreage
0.08
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances: Refrigerator, Stove
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Ceramic Tile,Laminate Plank
- Above Ground Sq Ft: 3202
- Below Ground Sq Ft: 0
- Basement:
- Other: Bathroom - Stall Shower,Bathroom - Tub Shower,Floor Plan - Traditional,Floor Plan - Open
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: MULTI-FAMILY
- Roof: Flat
- Others: Very Good
- Sewer: No Septic System
- Parking Features: On Street
Financial Details
- Tax Amount: $9,516
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1616 Isherwood St NE Washington, DC 20002
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