1. District of Columbia
  2. Washington
  3. 1311 R STREET
$4,000,000

1311 R STREET, Washington, DC 20009

  • 6 beds |
  • 8 baths
  • Property Icon Town Home
  • Property Year Built Icon Built in 2018
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.

Listing Status:
Active
Date Added:
March 19, 2025 at 05:00AM
Listing Office:
Compass : 2023866330
Listing Agent:
Noel P Sesay : 2024313119
MLS ID:
DCDC2190918
  • Basement: Combination
  • A/C: Central A/C
  • Heating: YForced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Noel P Sesay, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

G

Garrison Elementary School

1200 S St NW, Washington, DC, 20009

Grades EE-5

0.12 miles away

S

Shaw Middle School

, Washington, DC, 20001

Grades 6-8

0.27 miles away

C

Cardozo Education Campus

1200 Clifton St NW, Washington, DC, 20009

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.