Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
3,696
Welcome to 2514 13th Street NW - a thoughtfully renovated 4-unit multifamily property in the heart of Columbia Heights - from the Aria Residential portfolio. This property presents a PRIME opportunity for both owner-occupants or traditional investors, boasting solid market-rate rents and virtually ZERO deferred maintenance. The building consists of an attractive unit mix of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit. All units were fully renovated in 2011 and feature SPACIOUS LAYOUTS, HIGH-END FINISHES, ALL-ELECTRIC APPLIANCES, and INDIVIDUAL HVAC SYSTEMS, with SEPARATELY METERED UTILITIES for each unit (aside from water), providing efficient management and reduced owner expenses. Unit 2, a spacious 3-bedroom residence, is currently vacant and was previously rented for $3,145/month, creating an ideal opportunity for an owner-occupant to live on-site while offsetting their mortgage with rental income - OR presenting a fantsatic opportunity for a new investor to CASHFLOW IMMEDIATELY after lease-up. The property is ideally located just blocks from the Columbia Heights and U Street Metro stops, the vibrant retail, dining, and entertainment along 14th Street NW, and is right across the street from Cardozo High School. Current & Historical Rents: • Unit 1 (1BR): $1,413/month • Unit 2 (3BR – Vacant): Previously rented at $3,145/month • Unit 3 (2BR): $2,923/month • Unit 4 (2BR): $1,897/month • In-Place Gross Monthly Rent (3 units): $6,233 2514 13th Street NW benefits from strong rental demand and long-term upside in one of DC’s most desirable neighborhoods. Tours are to be scheduled by appointment only! Please reach out to Michael Murray, whose information is listed below.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Walk-In Closet(s)
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2530.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Contemporary
Price
-
Sales Price
$1,550,000
-
Tax Amount
$14,509
-
Sq. Footage
3, 696
-
Price/SqFt
$419
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Permanent
-
Sewer
Public Sewer
-
Tax Lot
68
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of Ari Firoozabadi , Greysteel Company LLC
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AGENT
Franko Maric
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