636 Girard St NE - Apartments FOR SALE


Washington, DC 20017- Edgewood
$875,000 USD
202-318-6808
636 Girard St NE, Washington, DC for Sale
$875,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

636 Girard St NE
Washington, DC 20017
Edgewood


HIGHLIGHTS

  • Attractive Potential for Immediate Equity | Priced Below Comparable Sales
  • Full-Gut Renovation Including New Roof Minimizing Near-Term CapEx
  • Rental Upside | In-Place Rents are Below Market & Voucher Rents in the Area
  • TOPA Exempt | Certainty & Speed of Execution Versus Alternative Investments

OVERVIEW

Feldman Ruel is pleased to offer for sale 636 Girard Street NE, a fully renovated four-unit multifamily property located in the Brookland neighborhood of Northeast Washington, D.C. Originally constructed in 1936 and renovated between 2020 and 2021, the subject property consists of four one-bedroom/one-bathroom units with dens, totaling 8,870 gross square feet on a 4,163-square-foot, RF-1- zoned lot. The renovation included replacement of all major building systems including plumbing, electrical, HVAC, and in-unit water heaters, along with exterior improvements. A new roof and gutters were installed in 2025, resulting in a stabilized asset with limited near-term capital expenditure requirements. Each unit features central HVAC and separately metered electric service, reducing operational responsibilities. The subject property also benefits from a solar panel system that offsets utility costs and provides potential income through SRECs. 636 Girard Street NE can be delivered with at least one vacant unit, allowing for owner-occupancy with in-place income. The four-unit configuration enables FHA financing eligibility for qualified buyers. Purchasers may also qualify for an exemption from rent control under Washington, D.C.'s small-landlord provision. The combination of recent renovations, operational efficiencies, and flexible acquisition strategies positions the subject property as an attractive opportunity for both investors and owner-occupants.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,163 SF

ZONING

RF-1

APN/PARCEL ID

3642-0042

ASK ABOUT THIS PROPERTY

Ryan SmithFeldman RuelMore Info
202-318-6808

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Ryan SmithFeldman RuelMore Info
202-318-6808

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