1419-1421 MINNESOTA AVE SE
Washington, DC 20020

Description:

**3-UNIT + BUILDABLE LOT** All-brick detached multifamily asset offering 3,500+ square feet across three levels. Delivered fully vacant with approved plans and permits in hand, presenting a rare opportunity for an incoming investor or owner-occupant to immediately reposition, lease, or occupy the property with no existing leases or tenant obligations to assume. The current configuration includes two upper-level one-bedroom units, each separately metered for gas and electric and featuring a dedicated kitchen, living area, and full bath, evidences efficient long-term operation and expense allocation. The third unit spans 2 levels with independent front and rear access. Approved and permitted plans support an 8+ bedroom, approximately 2,000 square foot high-occupancy layout within this portion of the property. A detached brick garage provides additional storage, parking, or operational flexibility. The approved 8+ bedroom configuration presents compelling operational flexibility for co-living, group home, assisted living, workforce housing, or short-term rental use, asset classes that may generate meaningful yield over conventional residential products in comparable DC submarkets. Alternatively, the property offers a rare opportunity for an owner-occupant to reside in one unit while generating supplemental income from the remaining units to offset monthly carrying costs. Adjacent to park space, the detached nature of the structure may create future flexibility for expansion, vertical addition, or supplemental construction opportunities or leasing, subject to zoning, permitting, and all applicable approvals. Approved plans and permits may significantly reduce upfront planning and entitlement timelines for the next owner. Buyers are responsible for independently verifying zoning, use, density, permitting, development potential, approved plans, square footage, rental assumptions, and all other material property information to their own satisfaction.