114 O St Sw, Washington, DC 20024

$2,300,000
3,131
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,300,000
Days on Market
42
Status
ACTIVE
MLS#
DCDC2263898
Living Area
3,131
Lot Size (Acres)
0.06
Style
Federal
Year Built
1948
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Exceptional, separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term appreciation in one of DC’s most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. With a projected hefty $169,600 NOI at full capacity, the numbers speak for themselves. The building is 75% occupied by Section 8 tenants, providing dependable, guaranteed rental income. This is a perfect first-time buyer who wants to live in one unit and rent the rest out to offset the mortgage payment. Located just two blocks from Nationals Park and The Wharf, you’re surrounded by new development, dining, entertainment, and major city attractions. Don’t miss this chance to own a high performing property in a rapidly growing area.

Additional Information

Subdivision
Southwest Waterfront
Taxes
$7298
School District
District Of Columbia Public Schools
Flooring
Carpet, Ceramic Tile
View
City
Heating
Hot Water
Heating Fuel
Electric
Cooling
None
Roof
Built-Up
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: