1923 35TH Place NW Washington, DC 20007
MULTI_FAMILY - Other - WASHINGTON, DC
Property Features for 1923 35TH Place NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Floor Plan - Traditional, Wood Floors, Ceiling Fan(s)
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13916
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent John T Taylor License #BR89427 (202) 338-0500
Listing office Chatel Real Estate, Inc. 3210 N Street, WASHINGTON, DC (202) 338-0500
Listing date Apr 12, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located on a quiet residential street in the Burleith area, just a few blocks north of Georgetown. It is positioned around the corner from a Georgetown-area Safeway, Trader Joe’s, and retail and dining along Wisconsin Ave.
Tenants pay for their own unit electricity, gas, and water/sewer. Financials provided indicate income based on the last rent roll with baseline expenses excluding repairs, including real estate taxes, insurance, and multiple operating items.
Key Highlights
- Multi‑unit building built in 1915 with brick construction
- 4 self‑contained units with 1 bedroom + den layouts
- Unit 1 (largest, 2‑level) is vacant and designed for owner‑occupant use
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.5k | $27.00 |
| − Vacancy | −$3.5k | −$1.40 |
| EGI | $64.0k | $25.60 |
| − OpEx | −$19.2k | −$7.68 |
| NOI | $44.8k | $17.92 |
