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1724 CAPITOL AVE NE
Washington, DC 20002
Quick Facts
- Area:3216sq ft
- Style:Other
- Year Built:1937
- Lot Size:0.07 acres
Description:
Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market. This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking. Currently producing $66,516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1,687 per unit. Bringing rents to that level lifts gross income to roughly $80,976 a year and pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable. Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.
| Status | Active |
| Added to RealtyWatch | September 9, 2026 - 38 days ago |
| Listing Office | Compass, Luis A Vivas |
| MLS ID | DCDC2282412 |
Schedule a Showing
Interior
- Basement: Other
- A/C: Central A/C
- Heating: true, Heat Pump(s), Natural Gas
- Disability Feature: Other
Exterior
- General: Above Grade, Below Grade
- Style: Other
Construction
- General: Brick, Slab
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: RF-1, 4050//0016
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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