421 Burbank St SE - Apartments FOR SALE


Washington, DC 20019- Fort Dupont
$1,098,000 USD
240-761-4788
421 Burbank St SE, Washington, DC for Sale
$1,098,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

421 Burbank St SE
Washington, DC 20019
Fort Dupont


HIGHLIGHTS

  • 4 Parking Spaces in rear
  • Walking Distance to Metrorail/ Metrobus
  • Fort Dupont

OVERVIEW

GREAT INVESTMENT OPPORTUNITY! Well-maintained 5-unit multifamily building in Fort Dupont Park with excellent cash flow potential. Renovated in 2015/2016 with updated systems and modern finishes. Four units are 2BR/1BA; one basement unit is 3BR/2BA. Units feature stainless steel appliances and granite countertops. Shared laundry room in basement common area. Some tenants are subsidized through DC programs, providing stable rental income. Strong long-term hold with consistent monthly cash flow. Walking distance to Benning Rd Metro, Safeway, CVS, and neighborhood amenities. Vouchers welcome. Contact listing agent for financials and private showings.

FOR SALE DETAILS

PRICE

$1,098,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

5

PRICE/UNIT

$219,600

CAP RATE

Request Cap Rate

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R-2

APN/PARCEL ID

5398-0093

ASK ABOUT THIS PROPERTY

ArLancia WilliamsKW CommercialMore Info
240-761-4788

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ArLancia WilliamsKW CommercialMore Info
240-761-4788

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