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1324 N NORTH CAPITOL ST NW
Washington, DC 20002
Quick Facts
- Year Built:2024
- Lot Size:0.22 acres
Description:
1324 North Capitol Street NW is a newly constructed 67-unit luxury multi-family building (completed in 2024) currently operating as a fully furnished, high-performing short-term rental under the “Reside, a Wyndham Residence” brand. The property is Zoned MU-5A and can be transferred as a fully stabilized asset or vacant. TOPA does not apply. This asset offers maximum optionality in terms of future use including continued hospitality use under Wyndham (or other Short-Term Rental operator), a traditional multi-family property, a corporate housing asset (includes all FF&E) or converted and sold as luxury condominiums. The property conveys turnkey with condo-level finishes, fully furnished units (FF&E included) and rental revenue, all of which provide a built-in cash flow. This asset is ideal for a family office investment, institutional buyers, 1031 exchange investors, and foreign capital seeking proven results in a Washington DC location, flexibility of use, and long-term upside.
| Status | Active |
| Added to RealtyWatch | June 2, 2025 - 101 days ago |
| Listing Office | Capital Residential Properties, Natalie E Hasny |
| MLS ID | DCDC2202348 |
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Interior
- A/C: Central A/C
- Heating: true, 90% Forced Air, Energy Star Heating System, Heat Pump(s), Programmable Thermostat, Electric
- Disability Feature: Elevator
Construction
- General: Brick, Cement Siding
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: MU-5A, 0617//0243
Utilities
- Water: Public
- Sewer: Public Septic
Financial
- Source: BRIGHT_MAIN
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