PRICE IMPROVEMENT! Fully renovated 5-unit multifamily in Naylor Gardens, 100% occupied and producing income from day one. Five furnished 1BR/1BA units, each with in-unit washer/dryer, smart TV and dedicated workspace. Comprehensively renovated in 2025; roof replaced in 2018. All-electric with separate meters for each unit; utilities are currently included in… Read More rent, giving a new owner flexibility. Current NOI $54,635 on actual trailing-12-month collections (8.35% cap rate at list price); pro forma NOI $63,802 (9.76% cap) with all units at $1,800/month. Priced at $130,800 per unit, below the recent 20020 multifamily sales average. Located in a Federal Opportunity Zone and HUBZone. Safeway is 0.1 mile away, and Skyland Town Center, with Lidl and new retail and housing under construction, is 0.3 mile away. Offering Memorandum with full financials available to qualified buyers. Read Less
Courtesy of Matt Naha, Samson Properties 240-630-8689
Listing Snapshot
Days Online
42
Last Updated
Property Type
Other
Square Ft.
3,780
Lot Size
0.1 Acres
Year Built
1943
MLS Number
DCDC2281998
Additional Details
Appliances & Equipment
Built-In Microwave, Dryer, Oven/Range - Electric, Washer, Water Heater, Disposal
Building
Built in 1943, Built in 2025 (effective), Living area: 3780, 2 stories, Construction Materials: Brick
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