316 62Nd St Washington, DC 20019

This exceptional six-unit apartment building located at 316 62nd St NE, Washington, DC 20019, presents a compelling investment opportunity. Boasting a total of 5,076 square feet, this fee-simple property is situated on a 0.16-acre lot and offers a strong price per square foot of $137.88. The asking price is $699,900. Constructed in 1953, the building is a six-story structure zoned R5A, providing flexibility for future development or renovations. Each of the six units contributes to a robust rental income stream. The property features on-street parking, a significant advantage in this desirable Washington, D.C. neighborhood. The property's location in the District of Columbia offers easy access to various amenities and transportation options. The building's solid construction and established rental history make it an attractive prospect for both seasoned investors and those new to the multifamily market. The property's assessed parcel number (APN) is 5267//0810. This is a rare opportunity to acquire a well-maintained multifamily property in a thriving urban area. Serious inquiries are encouraged.