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Listed by Samuel Davis • Long & Foster Real Estate, Inc.

$4,750,000

Est. payment - /mo

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3,570 SqFt

New

1944 3RD ST NE Washington, DC 20002

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,570 sqft

Price per Sqft $1,330

Subdivision Eckington

MLS Listing ID DCDC2271010

Style Other

Abv Grd Liv Area 3,570

Year Built 2023

Annual Tax Amount $8,121

Tax Year 2021

Lot Size 7,013 Sqft

Acres 0.16

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property 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.

Location

State DC

County Washington

Zoning R4

Rooms

Basement Space For Rooms

Interior

Interior Features Ceiling Fan(s), Wood Floors

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Equipment Refrigerator, Stove

Fireplace N

Window Features Double Pane

Appliance Refrigerator, Stove

Heat Source Natural Gas

Exterior

Utilities Available Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 3570

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3565//0078

Ownership Fee Simple

SqFt Source 3570

Security Features Carbon Monoxide Detector(s),Exterior Cameras,Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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1944 3RD ST NE Washington, DC 20002

DC Homes Guide

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1944 3RD ST NE