1414-1416 Pennsylvania Ave SE - Apartments FOR SALE


Washington, DC 20003- Capitol Hill
$1,750,000 USD
240-619-8334
1414-1416 Pennsylvania Ave SE, Washington, DC for Sale
$1,750,000 USD
Apartments - FOR SALE
1/77
null | 9.91% Cap Rate

1414-1416 Pennsylvania Ave SE
Washington, DC 20003
Capitol Hill


HIGHLIGHTS

  • Mixed-Use 3 Unit Property
  • Cash flowing Airbnb
  • Prime Location
  • 1 Block from Potamac Ave Metro Station (Orange & Blue Line)

OVERVIEW

Cash Flowing Lucrative Investment Opportunity! Newly remodeled Side-by-Side Row Home is a Turnkey Multi-Family Commercial Property with a Total of 3 Units, each featuring 2 Bedrooms & 2 Bathrooms/Unit (Total of 6 BD/6 BA), with convenient In-Unit W/D's in all. 326/365 Nights were booked, with a GROSS REVENUE OF $95,578.97 for 2025. MU-4 COMMERCIAL ZONED, you have the ability to build up an entire extra level. Currently Operating as 2 Airbnbs: Unit 1 & Unit 2 (1414) 4BD/4BA & Unit 3 (1416) 2BD/2BA. UNIT 1414 Upper Level features Modern European White Gloss Cabinetry, Stone Countertops, Hardwood Flooring, Spa-Like Bathrooms, with Glass Shower Doors with Rear Decking. UNIT 1414 Lower Level features Large Format Tile throughout, including Spa-Like Bathrooms, Modern European White Gloss Cabinetry, Stone Countertops, with rear access to a spacious private patio. UNIT 1416 features Light Grey Shaker Cabinets, Stone Countertops, Spa-Like Baths, rear access to a spacious shared private patio. Also, a great option to Live in one unit and rent the rest! Don't miss out on this incredible opportunity to invest in a cash flowing turnkey multi-family property. Schedule a tour today and take the first step towards financial freedom!

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

3

PRICE/UNIT

$583,333

CAP RATE

9.91%

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MU-4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anousha NikjouianDefined Real EstateMore Info
240-619-8334

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Anousha NikjouianDefined Real EstateMore Info
240-619-8334

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.