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3601 14Th StWashington, DC 20010

10-unit, fully leased, prime location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 10-unit apartment building, constructed in 2022, offers a turnkey investment opportunity in Washington, DC's vibrant Columbia Heights neighborhood. The four-story, 9,800 square foot building boasts 7,850 square feet of net rentable space, with each of the ten units featuring two bedrooms and two bathrooms. High-end finishes include hardwood floors, granite countertops, in-unit washer/dryers, custom cabinetry, and high-end appliances. All units are equipped with central air conditioning and energy-efficient Pella windows. The building also features a green roof, adding to its sustainability and longevity. Currently 100% occupied (as of December 9, 2024), the property includes nine units rented to voucher tenants and one market-rate unit, providing a stable income stream. Situated on a 0.05-acre lot, the property is zoned MU-4 and benefits from its location near two Metro stations (within five blocks of both the Georgia Avenue/Petworth and Columbia Heights stations), providing excellent access to public transportation. Its proximity to the central business district and downtown Silver Spring further enhances its appeal. This prime location within a thriving, affluent neighborhood, characterized by a highly educated population and high average household income, presents a compelling investment opportunity with significant potential for long-term growth. The building's modern construction, premium features, and strong tenant base make it an ideal asset for discerning investors seeking a stable, high-return investment in a desirable location. The property is offered fee simple.

Highlights

  • 2022-built, 10-unit apartment building in Columbia Heights, DC.
  • Ten spacious 2-bed/2-bath units with high-end finishes (hardwood floors, granite countertops, in-unit laundry).
  • 100% occupied (as of December 9, 2024) with nine voucher tenants and one market-rate tenant.
  • Prime location within five blocks of two Metro stations (Georgia Avenue/Petworth and Columbia Heights).
  • Turnkey investment opportunity with immediate cash flow and strong potential for appreciation.

Property Details for 3601 14Th St

Property type
Apartment buildings
Square Feet
9,800 SF
Class
A
Year Built
2022
Buildings
1
Stories
4
Lot Size (sq. ft)
2,178 SF
Units
10

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.93631159
Longitude
-77.03271048
3601 14Th St, Washington, District of Columbia

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3601 14Th St
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