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4230 6TH ST SE
Washington, DC 20032
Quick Facts
- Year Built:1953
- Lot Size:0.15 acres
Description:
4230 6th St SE ā Turnkey 5-Unit Multifamily | 7.7% Cap Rate Investor-ready opportunity in Congress Heights, DC. This fully renovated 5-unit building delivers immediate income with minimal maintenance and strong upside potential. š Financial Highlights NOI: $79,848 (Pro Forma 2025) Cap Rate: 9.4% at $850,000 ask Gross Income: $96,000 annually Unit Mix: 5 Ć 2BR/1BA ( 625 SF each) Avg Rent: $1,600/month per unit DSCR: 1.31 (25-yr amortization at 3.25%) Stabilized Value: $1.14M (5.75% cap) š Unit Details Floorplans: Each unit offers 2 spacious bedrooms, 1 full bath, and approx. 625 SF of living space. Kitchens: Galley-style layouts with new stainless steel appliances, modern cabinetry, and updated countertops. Living Areas: Bright, open layouts with LVP flooring, large windows, and 9ā ceilings. Bathrooms: Renovated with contemporary tile, updated fixtures, and vanities. In-Unit Laundry: Each unit includes full-size washer/dryer. HVAC: Central heating & cooling in every apartment. šļø Property Highlights Built in 1953 | Fully renovated in 2022 Brick construction | Flat built-up roof Low operating expenses ( $27K annually) Walkout basement foundation š Location Benefits Prime Congress Heights corridor near Metro Green Line, I-295/I-495, St. Elizabeths Campus, and the Entertainment & Sports Arena. Tenants benefit from proximity to transit, retail, schools, hospitals, and parks. Strong demand and continued growth from neighborhood revitalization. š¼ Investor Incentive Seller will pay both sides of transfer & recordation taxes with ratified contract closing in 30 days. š Ideal for 1031 exchange buyers, cash-flow investors, or out-of-state landlords seeking turnkey multifamily assets in DC.
| Status | Active |
| Added to RealtyWatch | August 27, 2025 - 15 days ago |
| Listing Office | Century 21 Redwood Realty, Khalida Bajwa |
| MLS ID | DCDC2216376 |
Schedule a Showing
Interior
- Flooring: Vinyl
- A/C: Central A/C
- Heating: true, Forced Air, Natural Gas
- Disability Feature: None
Construction
- Roofing: Flat, Built-Up
- General: Brick, Slab
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: R-3, 6208//0058
- View: Street
Utilities
- Utilities: Sewer available, Water available, 120240 v
- Water: Public
- Sewer: Public Septic
Financial
- Source: BRIGHT_MAIN
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