$4,000,000
- Beds
- 6
- Baths
- 7.0
- sq ft
- Unknown
1311 R St NW, Washington, DC 20009
1311 R St NW
WASHINGTON, DC 20009
- 16 days on market
A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.
Details
Property type
Townhouse
Lot size
1,811 sq ft
Price per sq ft
Unknown
Year built
2018
Annual property taxes
$6,660
HOA
No
Price History
03/19/2025
Bright #DCDC2190918
Listed
$4,000,000
Schools & Community
Neighborhood:
Logan Circle
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Status: Active
Tomo last checked: 04/04/2025 at 7:10 PM
Listing updated: 03/19/2025 at 9:19 PM
Listed by: Noel P Sesay, Compass Phone #: (202) 386-6330
MLS: Bright #DCDC2190918
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