1944 3RD ST NE, Washington, DC 20002
1944 3RD ST NE, Washington, DC 20002
1944 3RD ST NE, Washington, DC 20002
1944 3RD ST NE, Washington, DC 20002
1944 3RD ST NE, Washington, DC 20002
1944 3RD ST NE, Washington, DC 20002
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Deborah Davidson

Deborah Davidson

+1(301) 509-8105
Listed by Samuel Davis • Long & Foster Real Estate, Inc.
$ 4,750,000
Est. payment | /mo

7,013 Sqft Lot

Save
$ 4,750,000
Est. payment | /mo
Save

7,013 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Eckington

MLS Listing ID DCDC2278384

Year Built 2023

Annual Tax Amount $8,121

Tax Year 2021

Lot Size 7,013 Sqft

Acres 0.16

Property Sub-Type Five Or More Units

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

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

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

Total Parking Spaces 4

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3565//0078

Ownership Fee Simple

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

Bright MLS (BMLS)
Nearby Locations
Deborah Davidson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(301) 509-8105

deborah.happysellers@gmail.com

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1944 3RD ST NE