**3-UNIT + BUILDABLE LOT** All-brick detached multifamily asset offering 3,500+ square feet across three levels. Delivered fully vacant with approved plans and permits in hand, presenting a rare opportunity for an incoming investor or owner-occupant to immediately reposition, lease, or occupy the property with no existing leases or tenant obligations… Read More to assume. The current configuration includes two upper-level one-bedroom units, each separately metered for gas and electric and featuring a dedicated kitchen, living area, and full bath, evidences efficient long-term operation and expense allocation. The third unit spans 2 levels with independent front and rear access. Approved and permitted plans support an 8+ bedroom, approximately 2,000 square foot high-occupancy layout within this portion of the property. A detached brick garage provides additional storage, parking, or operational flexibility. The approved 8+ bedroom configuration presents compelling operational flexibility for co-living, group home, assisted living, workforce housing, or short-term rental use, asset classes that may generate meaningful yield over conventional residential products in comparable DC submarkets. Alternatively, the property offers a rare opportunity for an owner-occupant to reside in one unit while generating supplemental income from the remaining units to offset monthly carrying costs. Adjacent to park space, the detached nature of the structure may create future flexibility for expansion, vertical addition, or supplemental construction opportunities or leasing, subject to zoning, permitting, and all applicable approvals. Approved plans and permits may significantly reduce upfront planning and entitlement timelines for the next owner. Buyers are responsible for independently verifying zoning, use, density, permitting, development potential, approved plans, square footage, rental assumptions, and all other material property information to their own satisfaction. Read Less
Courtesy of Andrew N Nelson, Compass 301-298-1001
Listing Snapshot
Days Online
18
Last Updated
Property Type
Quadruplex
Square Ft.
3,564
Lot Size
0.11 Acres
Year Built
1939
MLS Number
DCDC2263120
Additional Details
Building
Built in 1939, Living area: 3564, Construction Materials: Brick
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