2057 38TH ST SE #302 new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20020
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Fairfax Village
MLS Listing ID DCDC2230488
Year Built 1940
Annual Tax Amount $1,179
Tax Year 2024
Lot Size 1,094 Sqft
Property Sub-Type Five Or More Units
Property Description
Secure a proven cash-flow portfolio delivering over $16,000 in monthly income across 11 properties. The total price of the portfolio is $1,599,000. The prices listed above reflect the individual valuation for the individual unit within the portfolio.
Each asset has a strong rental history, stable occupancy, and consistent returns — offering investors a ready-made income stream with minimal management effort. This diversified collection provides a rare balance of performance, stability, and scalability in today's market. Available as a complete portfolio or in smaller groupings, this opportunity is ideal for investors seeking passive income with measurable upside potential. Detailed rent rolls and financials available upon request.
Location
State DC
County Washington
Zoning R-4
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Hardwood
Exterior
Water Access N
Building
Sewer Public Septic,Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard