Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2243060
Financing Cash,Bank Portfolio,Conventional
Subdivision Mount Pleasant
Total Units 6
Short Sale No
Originating MLS BRIGHT
Property Description
Offered at a 5.68% cap rate if self-managed or a 4.96% cap rate with professional management in place. This is an ideal opportunity for buyers seeking stable income today with long-term appreciation potential in a high-demand location. The building is turnkey and well maintained, making it a strong fit for investors looking for a reliable, low-friction acquisition.
Each one-bedroom unit is thoughtfully updated, and many feature gleaming wood floors, renovated kitchens and baths, soaring ceilings, and abundant natural light. Front-facing units offer charming bay windows, while rear units include private decks, adding lifestyle appeal that supports long-term occupancy and rental performance.
Additional value comes from a one-car detached garage and a fully fenced backyard, features that enhance marketability and provide future upside. With close proximity to Metro access, popular shops, top-rated restaurants, and the scenic trails of Rock Creek Park, the location continues to attract quality tenants year after year.
A rare historic asset, this building reflects the legacy of Harry Wardman and Albert H. Beers, a pedigree that enhances both the property's long-term value and enduring market appeal. Wardman helped shape early-20th-century Washington by transforming open land into some of the city's most desirable residential neighborhoods, while Beers, Wardman's chief architect, produced prolific designs that defined the classic DC rowhouse and apartment-house look. Together, they didn't just create housing, they set a lasting standard for beauty, livability, and neighborhood character, making a surviving building from their partnership a unique opportunity to own a piece of Washington's most iconic era of growth.
Private showings by appointment only, no open houses. Full financials, licenses, and additional details available upon request.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Natural Gas
Heating Zoned
Cooling Zoned, Central A/C
Flooring Wood, Ceramic Tile
Heat Source Natural Gas, Electric
1-purchase type For Sale
Exterior
Garage Spaces 1
Utilities Available Cable TV
Waterfront N
Water Access N
View City, Garden/Lawn
Roof Type Unknown
Street Surface Alley,Black Top
Accessibility None
Road Frontage City/County
Parking Type On Street, Private Garage
Total Parking Spaces 1
Building
Lot Description Sloping
New Construction N
Foundation Slab
Lot Dimensions 149.84' x 20.0'
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bancroft
Middle Schools Deal
High Schools Jackson-Reed
School District District Of Columbia Public Schools
Others
Tax Amount C$12,534
Tax Year 2025
Tax ID 2591//0194
Ownership Fee Simple
Security Features Main Entrance Lock,Smoke Detector
Acceptable Financing Cash, Bank Portfolio, Conventional
Special Sale Standard
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”