Active

313-317 Kennedy St NW

Washington DC, 20011

$33,450,000


$418.13 per sqft

Active

80,000 sqft

Commercial

Built in 2024

Multifamily Portfolio Sale in DC!

Attention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunity--a prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024.

Strategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies.

Listed at $33,450,000, this opportunity promises substantial returns, backed by D.C.'s consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.

DCDC2155872

MLS ID

August 23, 2024

Listed

October 2, 2024

Updated

Map

313-317 Kennedy St NW
Washington DC, 20011

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Electric

Exterior/Building Features

Lot Size

0.55 Acres

Other Property Details

Days on Market

33


Garage

No


Parking

On Street


Parking Total

2


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listed by EXP Realty, LLC
Listing Contact: 3123307300 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 6:59 AM UTC

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