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1311 R Street Northwest

Washington DC 20009

6
8
2
1811 sq. ft.
Townhouse
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
8 bathrooms
2 carspaces
1811 sq. ft. lot size
Townhouse

Property history for 1311 R Street Northwest

2021
Sold
$2,500,000
02 Sep 2021

Happy sellers in Washington

~%

We have insufficient information to provide an overview of customer satisfaction for Washington. Viewing the agent profiles, reviews and sales for Washington can provide insights for this location.

Local market activity for 6 bedroom townhouses in Washington

In the last 12 months, 13 six-bedroom townhouses similar to 1311 R Street Northwest, have been sold.

This represents a 30% decrease in six-bedroom townhouses sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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