6-unit (3BR/1BA each unit) Multi-Family - PROJECTED CAP RATE 10%. Five Units vacant and turn key. One unit occupied with long-term tenant currently on a month to month lease. TOPA has been served. An exceptional investment opportunity awaits with this well-maintained, standalone six-unit apartment building, ideally located near Naylor Road… Read More Metro (Green Line). Each unit features a spacious 3-bedroom, 1-bath layout, offering generous living space for tenants. Originally remodeled in 2007, the building includes two ADA-compliant units, centralized heating and air conditioning, and shared, income producing laundry facilities. With one unit currently occupied and five units vacant, there's immediate potential to increase cash flow. The property also boasts a large front yard and rare off-street parking for up to 10 vehicles, an attractive feature for residents. Ideally situated near shopping centers like Good Hope Marketplace and Skyland Town Center, and proximity to parks such as Fort Circle and Oxon Cove, this location combines convenience with lifestyle. Public transit is seamless with nearby Metro and multiple bus routes. Perfect for both seasoned and new investors seeking solid cash flow and future appreciation in a growing market. Don't miss this value-added opportunity in a rapidly developing corridor. Read Less
Courtesy of Sonya Abney, Cosmopolitan Properties Real Estate Brokerage [email protected]
Listing Snapshot
Days Online
5
Last Updated
Property Type
Single Family Residential
Lot Size
0.17 Acres
Year Built
1944
MLS Number
DCDC2230104
30 Days Snapshot Of 20020
$351k
-5%
(avg) sold price
11
-42%
homes sold
100
+108%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Fully Finished
Building
Built in 1944, Structure Type: Detached, 4 units in building, Traditional, Brick
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