$ 2,300,000
-
$2,300,000
Price -
12
Bed -
0
Bath -
3,131
SqFt
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About the Listing LNG44 - 2039
Exceptional, separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term appreciation in one of DC’s most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 75% occupied by Section 8 tenants, providing dependable, guaranteed rental income. This is a perfect first-time buyer who wants to live in one unit and rent the rest out to offset the mortgage payment. Located just two blocks from Nationals Park and The Wharf, you’re surrounded by new development, dining, entertainment, and major city attractions. Don’t miss this chance to own a high performing property in a rapidly growing area.
Listing Highlights
Status
Active
Days on Site
76
Property Type
Multi-Family
MLS ®
DCDC2263898
Year Built
1948
Total Square Footage
3,131
Lot/Acreage
0.06
County
Washington
Neighborhood
Southwest Waterfront
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 12
- Bathrooms: 0 Full
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor: Carpet,Ceramic Tile
- Above Ground Sq Ft: 3131
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: RF1
- Roof: Built-Up
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Concrete Driveway,Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,298
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
114 O St SW Washington, DC 20024
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