Tina Poss
Office: 301.698.3232
Cell: 301.514.4233
313-317 Kennedy St Nw, WASHINGTON
$33,450,000
0 Beds
0 Baths
80,000 Sqft
.55 Acres
0 Garages
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.
Essential Information
MLS® #DCDC2155872
Price$33,450,000
Bathrooms0.00
Square Footage80,000
Acres0.55
Year Built2024
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address313-317 Kennedy St Nw
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20011
Interior
Heating90% Forced Air
CoolingCentral A/C
Exterior
ExteriorConcrete/Block
School Information
ElementaryTRUESDELL
MiddleWHITTIER EDUCATION CAMPUS
HighCOOLIDGE SENIOR
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
ZoningMU-4
Listing Details
OfficeEXP Realty, LLC
Office Contact8333357433
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© 2019 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. All listing information copyright Bright 2024.
Listing information last updated on October 22nd, 2024 at 9:31am EDT.
