240 34Th St Washington, DC 20019

This exceptional six-unit apartment building, located at 240 34th St SE, Washington, DC 20019, presents a compelling investment opportunity. Built in 1950, this three-story structure sits on a single lot (APN 5426-0008) and is zoned R-3. The property offers immediate cash flow potential with a current asking price of $925,240, translating to approximately $154,207 per unit. Each of the six units benefits from individual forced-air heating systems, hot water heaters, and separate gas and electric meters. While the building currently performs well, the existing side yard offers potential for future expansion or improvements. This multifamily property is ideally suited for investors seeking a stable, high-performing asset in a desirable location. The property's classification includes Apartment Building, Single Family Rental Portfolio, and Student Housing, reflecting its versatility and potential for diverse tenant occupancy. Its location in Southeast Washington, DC provides access to a robust rental market and offers long-term appreciation potential. This is a rare opportunity to acquire a well-maintained, cash-flowing property in a thriving urban environment. The property's strong fundamentals and potential for future growth make it an attractive addition to any real estate portfolio.