$1,599,000

Est. payment - /mo

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1,094 Sqft Lot

Active

2057 38TH ST SE #302 Washington, DC 20020

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Fairfax Village

MLS Listing ID DCDC2230488

Year Built 1940

Annual Tax Amount $1,179

Tax Year 2024

Lot Size 1,094 Sqft

Acres 0.03

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Secure a proven cash-flow portfolio delivering over $16,000 in monthly income across 11 properties. The total price of the portfolio is $1,599,000. The prices listed above reflect the individual valuation for the individual unit within the portfolio.

Each asset has a strong rental history, stable occupancy, and consistent returns — offering investors a ready-made income stream with minimal management effort. This diversified collection provides a rare balance of performance, stability, and scalability in today's market. Available as a complete portfolio or in smaller groupings, this opportunity is ideal for investors seeking passive income with measurable upside potential. Detailed rent rolls and financials available upon request.

Location

State DC

County Washington

Zoning R-4

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Hardwood

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Septic, Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5670//2141

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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2057 38TH ST SE #302 Washington, DC 20020

DC Homes Guide

Key Details

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Interior

Exterior

Building

Schools

Others

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2057 38TH ST SE #302