414 18TH ST NE
Washington, DC 20002

Description:

Investor's Dream in Capitol Hill This is your chance to take the handoff and sprint toward a high performing, long-term investment in one of D.C.’s most sought after and rapidly evolving neighborhoods. Just blocks from the future RFK stadium, 414 18th St NE presents a rare opportunity to step into a high-quality build with even higher potential. Whether you're a seasoned investor, savvy developer, or forward-thinking contractor, this project offers both immediate returns and long-term rental potential. With zoning and precedent on your side, a visionary buyer could expand vertically and have four sizable units across three floors, dramatically increasing value and rental income. What Sets This Property Apart: Currently configured as a premium 4-unit multifamily building, the project is 60 - 70% complete and was being developed by engineers with a no compromise approach to quality. This isn’t a surface level renovation- it’s a deep, infrastructure-first rebuild designed for longevity and high performance. Highlights Include: • 💡 All new electrical system, upgraded panels, fully wired for recessed lighting, induction stoves, electric dryers, dishwashers, and a future solar array. • 🚰 Top tier PEX-A plumbing with expansion fittings - outperforms CPVC and copper in durability and water quality. • 🪟 Premium grade windows throughout - a $35K investment for energy efficiency and sound isolation. • 🧱 Fully underpinned foundation with 43 steel helical piers reaching bedrock - lifetime warranty from Deska Services. • 🛠️ Leveled floors with sistered joists; crawlspace and attic are clean, dry, and pest free. Original framing is true dimension oak - exceptional strength and durability. • ❄️ High efficiency heat pump systems (each unit has its own unit) with all new rigid, insulated ductwork. • 🏠 New TPO roof, near completion - only minor masonry work remains around parapets. • 🧱 Well maintained eastern and western facades; southern wall ready for repointing and post foundation masonry work. With most of the heavy lifting already done, the project is essentially at the finish stage, just select remaining bathroom components and install kitchens, which would take you to drywall, flooring, and final cosmetic work. Expansion & Investment Potential: This is more than a 4-unit building – it has exceptional “bones” and has had no expense spared for its solid potential. The strength of the foundation and systems are already in place, a buyer with big aspirations could seek to expand vertically and increase unit count, creating a high yield asset in a market with strong rent growth and increasing demand for quality housing. Whether your plan is to rent, condo convert, or hold as a long-term appreciating asset, the upside here is undeniable. With electrification ready infrastructure, sustainability potential, and top-shelf engineering already built in, you're not just buying a building, you're stepping into a blueprint for smart forward thinking urban growth. Opportunities like this are rare. Schedule today and see why this could be your next big win in Capitol Hill’s evolving multifamily landscape.