For Sale
$690,000

272 56Th StWashington, DC 20019

Six-unit brick building, turnkey investment opportunity.

Overview

Added:
Feb 3
Days on market:
61
This exceptional turnkey investment opportunity presents a well-maintained, six-unit multifamily building situated in the desirable Deanwood neighborhood of Washington, D.C. The property boasts a total of 4,032 square feet on a 0.08-acre lot. The building is constructed of brick and features six one-bedroom, one-bathroom units. Two units have recently undergone complete renovations, including new kitchens, bathrooms, and washer/dryer hookups, and are currently vacant. The remaining four units are occupied by long-term tenants, generating consistent rental income reflective of current market rates. Each unit is equipped with individual gas and electric meters, ensuring efficient utility management. Heating and cooling are provided by individual gas furnaces and central air conditioning systems. Each unit also benefits from a dedicated 40 or 50-gallon gas water heater. The property offers significant potential for both new and experienced investors seeking a relatively low-maintenance, high-cash-flow investment. The vacant units are readily available for viewing by appointment, allowing prospective buyers to assess the property's condition firsthand. This property presents a unique opportunity to either live in one unit while renting the others or maximize rental income by leasing all six units. The asking price for this attractive investment is $690,000.

Property Details for 272 56Th St

Property type
Multifamily properties
Square Feet
4,032 SF
Year Built
1953
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.89301
Longitude
-76.92139
272 56Th St, Washington, District of Columbia

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272 56Th St
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