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sales rep | Brivity IDX

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1944 3rd St NE , Washington, DC 20002
$4,750,000
Est. Payment: $26,354.52/mo
8638 Sqft
0.16 Acres
Status: active | Days on site: 79
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LNG44 - 2039
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House Description

This fully renovated 7-unit building, partially leased multifamily asset presents a compelling opportunity to acquire a stabilized income-producing property with subsidized, guaranteed rental income already in place. The property offers a flexible mix of self-contained apartment units ranging from four bedrooms to six bedrooms, each updated to meet modern residential standards and fully self-contained. It has 2-6bedroom 4-5 bedroom and 1–4-bedroom units. With occupancy secured from day one, the asset is positioned to deliver immediate cash flow, durable income stability, and long-term investment upside. Situated on a large lot with rear parking, the property enjoys convenient access to the Rhode Island Avenue Metro station, Union Market, nearby retail, restaurants, and neighborhood amenities along 12th Street. This offering is well suited for investors seeking a renovated, cash-flowing multifamily asset in a well-connected and desirable neighborhood.

Highlights

Listed by Samuel R Davis , 2022567039 Long & Foster Real Estate, Inc. , 2024836300. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

2023

County

Washington

Neighborhood

Eckington

School District

District Of Columbia Public Schools

Listing ID

DCDC2278384

Questions about this listing?

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Interior Features

Air Cond:Window Unit(s)
Fireplaces:
Floor:Hardwood
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:4
Zoning:R4
Roof:Flat
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$26,355
Taxes
$677

Home Price

$4,750,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$950,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,354.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,354.52 $676.75 $0.00 $27,031.27
Yearly $316,254.19 $8,121.00 $0.00 $324,375.19
Total $9,487,625.65 $243,630.00 $0.00 $9,731,255.65
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:10:58.000Z

© 2026 Bright MLS