Residential Income Property with
For Sale
$409,000
1355 BRYANT STREET NE Unit 6, Washington, DC 20018
The two-bedroom home includes a gated, assigned parking space and in-unit laundry.
Property Size718 SF
Days on Market12
Property Features for 1355 BRYANT STREET NE Unit 6
General Information
Standard status
Active
Size
718 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,629
Amenities
secure digital entry
package box
in-unit laundry
skylights
board and batten accent wall
movable island
Samsung stainless steel appliances
LED recessed lighting
Murphy bed with built-in storage
copper plumbing
new expansion tank
Building Details
Building Size
718 SF
Year Built
2020
Listing Agency:
Corcoran McEnearney
Listed By:
James R Koppersmith · License #BR200200482
(202) 341-1768
Source:
Kwcapitalproperties
Added: Oct 15
Changed: Oct 25
Last Checked: Oct 25 at 2:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran McEnearney
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Investment Insights
Based on property information with market context.
This top-floor condominium has two bedrooms positioned on opposite sides of the home and two full bathrooms. The open living area connects to a kitchen with quartz counters, a movable island, and Samsung stainless steel appliances. Two skylights and high ceilings bring natural light into the space. Recent interior work includes luxury vinyl plank flooring and fresh paint; copper plumbing and the water heater’s expansion tank have also been updated. The second bedroom includes a Murphy bed with built-in storage, supporting either guest use or a home office setup. In-unit laundry and a gated, assigned parking space are included.
The property is near Rhode Island Ave-Brentwood Station on the Red Line, the Metro Branch Trail, and a bus stop. Nearby destinations include a Giant grocery store, Home Depot, and the cafes, restaurants, and nightlife of NoMa and Union Market. Building features include secure digital entry and a package box for deliveries.
The property is near Rhode Island Ave-Brentwood Station on the Red Line, the Metro Branch Trail, and a bus stop. Nearby destinations include a Giant grocery store, Home Depot, and the cafes, restaurants, and nightlife of NoMa and Union Market. Building features include secure digital entry and a package box for deliveries.
Key Highlights
- Two‑bedroom, two‑bathroom top‑floor condominium
- Gated, assigned parking space conveys with the home
- Open kitchen with quartz countertops, movable island, and Samsung stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,930
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,600
$238.6K
Cap Rate 7%
$170,429
$170.4K
Cap Rate 9%
$132,556
$132.6K
Market Conditions
NOI Build-Up for 718 SF
Gross rent
$22.8K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.7K $30.21/SF
− OpEx
−$9.8K −$13.59/SF
NOI
$11.9K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,600
Cap Rate 7%
$170,429
Cap Rate 9%
$132,556
Alternative Uses
Best Use
Apartment 5plus
$170.4K
$149.1K – $198.8K
NOI $11,930 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.3K
$323.2K – $430.9K
NOI $25,852 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
Explore this area
Business Placement
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom home includes a gated, assigned parking space and in-unit laundry.
Where is this residential income property located?
The property is located at 1355 BRYANT STREET NE Unit 6 Washington, DC.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom top‑floor condominium; Gated, assigned parking space conveys with the home; Open kitchen with quartz countertops, movable island, and Samsung stainless steel appliances
