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Description:
Turnkey 5-Unit Multifamily – Strong Cash Flow in Congress Heights An exceptional opportunity for investors: this fully renovated 5-unit multifamily delivers immediate income, minimal maintenance, and long-term appreciation potential in one of DC’s fastest-growing neighborhoods. Each of the five 2BR/1BA units ( 625 sq ft) has been updated with stainless steel appliances, in-unit washer/dryer, LVP flooring, central heating & cooling, and modern finishes. Projected gross annual rents exceed $95,000, offering a solid return with room for rent growth as Congress Heights continues to revitalize. Built in 1953 and comprehensively updated in 2022, this asset is truly turnkey—no major capital improvements required. Investors benefit from predictable cash flow, low operating costs, and strong tenant demand driven by proximity to the Metro Green Line, I-295/I-495, the Entertainment & Sports Arena, and the St. Elizabeths Campus redevelopment. 📈 Perfect for: 1031 exchange buyers, out-of-state investors seeking stable returns, or local landlords looking to expand their DC portfolio. 💼 Bonus Incentive: Seller will pay both sides of transfer & recordation taxes with a ratified contract and closing within 30 days. 4230 6th St SE offers the rare combination of turnkey condition, attractive cash flow, and prime location—a true plug-and-play addition to any multifamily portfolio.
Status | Active |
Added to RealtyWatch | August 13, 2025 - 30 days ago |
Listing Office | Century 21 Redwood Realty, Khalida Bajwa |
MLS ID | DCDC2211204 |
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