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Description:
6-unit (3BR/1BA each unit) Multi-Family - An exceptional investment opportunity awaits with this well-maintained, standalone six-unit apartment building, ideally located near Naylor Road Metro (Green Line). Each unit features a spacious 3-bedroom, 1-bath layout, offering generous living space for tenants. Originally remodeled in 2007, the building includes two ADA-compliant units, centralized heating and air conditioning, and shared laundry facilities. With three units currently occupied and three units vacant, there’s immediate potential to increase cash flow. Market rents are estimated at $2,300 per unit, offering a strong return. Building expenses average just $1,400/month, enhancing overall profitability. The property also boasts a large front yard and rare off-street parking for up to 10 vehicles, an attractive feature for residents. Ideally situated near shopping centers like Good Hope Marketplace and Skyland Town Center, and proximity to parks such as Fort Circle and Oxon Cove, this location combines convenience with lifestyle. Public transit is seamless with nearby Metro and multiple bus routes. Perfect for both seasoned and new investors seeking solid cash flow and future appreciation in a growing market. Don't miss this value-added opportunity in a rapidly developing corridor.
Status | Active |
Added to RealtyWatch | April 15, 2025 - 2 days ago |
Listing Office | Cosmopolitan Properties Real Estate Brokerage, Lasonya J Abney |
MLS ID | DCDC2195546 |
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