1311 R St NW
washington, DC 20009$4,000,000
- 6 BR6 BA, 2 HALF BA
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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.
Details
1,811 Sq Ft Exterior Space
Other
$6,660 Annual Tax
Built in 2018
MLS/Listing ID DCDC2190918
Listing Courtesy of COMPASS, NOEL P SESAY - 202-431-3119
Source of Data: BRIGHT MLS
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All information deemed reliable but not guaranteed. Last date updated: 05/21/2025.
Source: Bright Multiple Listing Service, Inc.
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