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1674 Irving St Nw Washington, DC 20010

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For Sale
$1,725,000

Fully occupied six-unit building in a desirable rental neighborhood.

Property Features for 1674 Irving St Nw

General Information

Standard status
Active

Building Details

Year built
1905

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Listing Contact
Joseph Himali
Source: Corcoran

Listing Agency: RLAH @PROPERTIES Listing Agent: Joseph Himali

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Turnkey Multifamily Building in Washington, DC

This is a fully occupied six-unit multi-family building located in a desirable neighborhood in Washington, DC. The property is fully licensed and professionally operated, with all required rental licenses and a Certificate of Occupancy for a six-unit building. The building is being offered at a 4.74% cap rate with professional management in place, or an estimated 5.45% cap rate for a self-managed owner. Each one-bedroom unit is updated, and many feature wood floors, renovated kitchens and baths, ceilings, and natural light. Front-facing units offer bay windows, while rear units include private decks. Additional features include a one-car detached garage and a fully fenced backyard. The location provides proximity to Metro access, shops, restaurants, and Rock Creek Park. This historic asset reflects the legacy of Harry Wardman and Albert H. Beers.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Washington
County
District of Columbia
State
DC
Longitude
-77.0389005
Latitude
38.9285812

FAQs

What type of property is this?
Apartment building - Fully occupied six-unit building in a desirable rental neighborhood.
Where is this apartment building located?
The property is located at 1674 Irving St Nw Washington, DC.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: - High-demand, fully occupied six-unit building in a desirable DC neighborhood, providing consistent cash flow.; - Turnkey and professionally managed with all required licenses, offering a low-friction acquisition.; - Strong income potential with a 4.74% cap rate (professionally managed) or 5.45% (self-managed) and long-term appreciation potential.
More about this property
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