927 52ND ST NE, Washington, DC 20019
927 52ND ST NE, Washington, DC 20019
927 52ND ST NE, Washington, DC 20019
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Sonya Abney • Cosmopolitan Properties Real Estate Brokerage
$849,900
Est. payment /mo
6,250 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Deanwood

MLS Listing ID DCDC2276416

Year Built 1953

Annual Tax Amount $9,090

Tax Year 2026

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Unlock the potential of this 9-unit multifamily investment in the growing Deanwood neighborhood of Northeast Washington, DC. 100% occupied, this income-producing property generates $10,217 in gross monthly income, offers an attractive 8.9% cap rate, and delivers positive cash flow from day one.

This is an excellent opportunity for investors seeking immediate income with the potential to increase value through strategic improvements. With full occupancy already in place, the property provides a solid foundation for future renovations, operational enhancements, or long-term hold strategies.

Conveniently located near the Deanwood Metro Station (Orange Line), the property offers easy access to Downtown Washington, DC, Capitol Hill, and surrounding Maryland communities. Residents also benefit from nearby Metrobus service, Minnesota Avenue, East Capitol Street, Route 50, and I-295, making commuting simple and convenient.

The surrounding neighborhood features Marvin Gaye Park, the Deanwood Recreation Center, the Deanwood Neighborhood Library, local shopping, restaurants, schools, and continued public and private investment that has contributed to the area's ongoing revitalization.

Whether you're looking to expand your portfolio with a stable, cash-flowing asset or capitalize on the neighborhood's future growth, this Deanwood apartment building presents a compelling investment opportunity with both immediate income and long-term upside.

Location

State DC

County Washington

Zoning MULTI-FAMILY

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5199//0815

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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