STABILIZED DUPLEX WITH ADMINISTRATIVE & PHYSICAL UPSIDE. Positioned for the savvy owner-occupant or investor, this semi-detached duplex offers a rare combination of significant size and immediate cash flow. The Upper Unit: Spanning two levels, this expansive 5-Bedroom/2-Bathroom unit is currently occupied and generating $2,377/month in guaranteed income through the Housing… Read More Choice Voucher Program. There is immediate room to request a rent increase through the "Rent Reasonableness" process to align the 5-bedroom footprint with current sub-market benchmarks, providing a clear path to increased gross rent without additional capital expenditure. THE LOWER UNIT: Recently updated and currently vacant, the lower-level 2-Bedroom unit features a fresh, neutral palette, a modern kitchen with white cabinetry, and new carpet. This unit is perfectly suited for an owner-occupant looking to house-hack or for an investor to place a new tenant at current market rates. Strategic Advantage: With one unit already stabilized and the other offering a "blank canvas," this property minimizes acquisition risk while offering two distinct paths to value-add appreciation. Read Less
Courtesy of Abel M Gebremichael, Keller Williams Capital Properties 202-243-7700
Listing Snapshot
Days Online
13
Last Updated
Property Type
Duplex
Square Ft.
2,222
Lot Size
0.07 Acres
Year Built
1947
MLS Number
DCDC2255204
Additional Details
Building
Built in 1947, Living area: 2222, Construction Materials: Brick
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