Description
This large and charming 4-unit apartment building located on the corner of 9th & R Street, NW just 1 Block from the Shaw metro and the Shaw Library, is close to Logan circle and convenient to downtown DC. The building was built new in 2009 to historical design and each unit features 2 bedrooms and 2 baths, high ceilings, hardwood floors, washer and dryer in the unit, gas stoves and a dishwashers. There is a large front and rear stairwell that serves the units and a secure parking lot in the rear of the building which fits 4 cars in 2 tandem spots is easily accessible. *** All units are occupied on both month-to-month and term leases. This stable investment property has good cash flow AND multiple opportunities for future investment returns. *** This building is built on the site of the former Louis Thomas Cabaret, where DC native Duke Ellington got his start by playing piano at nights before forming his own band. The building can be kept as a rental or eventually converted into condominiums if desired. Showings are possible by appointment.
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0BEDS
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0.05ACRES
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0BATHS
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01/2 BATHS
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5,072SQFT
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$452$/SQFT
Description
This large and charming 4-unit apartment building located on the corner of 9th & R Street, NW just 1 Block from the Shaw metro and the Shaw Library, is close to Logan circle and convenient to downtown DC. The building was built new in 2009 to historical design and each unit features 2 bedrooms and 2 baths, high ceilings, hardwood floors, washer and dryer in the unit, gas stoves and a dishwashers. There is a large front and rear stairwell that serves the units and a secure parking lot in the rear of the building which fits 4 cars in 2 tandem spots is easily accessible. *** All units are occupied on both month-to-month and term leases. This stable investment property has good cash flow AND multiple opportunities for future investment returns. *** This building is built on the site of the former Louis Thomas Cabaret, where DC native Duke Ellington got his start by playing piano at nights before forming his own band. The building can be kept as a rental or eventually converted into condominiums if desired. Showings are possible by appointment.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Marsh Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-24T21:50:32.913.