Description
Investment opportunity! A tremendous chance to purchase, renovate, and stabilize this 4-unit, 1-bedroom/1-bathroom quadruplex in the heart of Anacostia"ideal for investors seeking strong cash flow or developers eyeing a condo conversion.Each unit includes a private kitchen, and the building holds a valid Certificate of Occupancy for four units, ensuring legal compliance and flexibility. With potential rents of \$1,500 per unit, the property offers an excellent path to achieving an 8% or higher CAP rate once stabilized.Major systems"including the roof, electrical, and plumbing"were replaced in 2019, so the building now only needs interior cosmetic renovations. Theres also ample space for expansion, adding even more long-term upside.Located just one block from Martin Luther King Jr. Avenue, three blocks from the Anacostia Gateway, and near the future Anacostia Arts & Business District and I-295, this property sits in a rapidly growing neighborhood with tremendous rental demand.Sold strictly as is. Owner will make no repairs.Don't miss this opportunity to unlock serious value and long-term returns in one of DCs most promising neighborhoods!
-
0BEDS
-
0.05ACRES
-
0BATHS
-
01/2 BATHS
-
3,488SQFT
-
$143$/SQFT
Description
Investment opportunity! A tremendous chance to purchase, renovate, and stabilize this 4-unit, 1-bedroom/1-bathroom quadruplex in the heart of Anacostia"ideal for investors seeking strong cash flow or developers eyeing a condo conversion.Each unit includes a private kitchen, and the building holds a valid Certificate of Occupancy for four units, ensuring legal compliance and flexibility. With potential rents of \$1,500 per unit, the property offers an excellent path to achieving an 8% or higher CAP rate once stabilized.Major systems"including the roof, electrical, and plumbing"were replaced in 2019, so the building now only needs interior cosmetic renovations. Theres also ample space for expansion, adding even more long-term upside.Located just one block from Martin Luther King Jr. Avenue, three blocks from the Anacostia Gateway, and near the future Anacostia Arts & Business District and I-295, this property sits in a rapidly growing neighborhood with tremendous rental demand.Sold strictly as is. Owner will make no repairs.Don't miss this opportunity to unlock serious value and long-term returns in one of DCs most promising neighborhoods!
©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Tom & Cindy and Associates | Long & Foster Realtors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-20T06:59:32.457.