Description
Amazing opportunity for investor (7.79% CAP) or house hacker (live in one and rent the others). This classic 4-unit brick building features each unit with 2 bedrooms, washer & dryer in each, dishwasher, separate utilities, recent plumbing & electric, recessed lights, central HVAC & solar panels to all 4 units.1908 M Street, NE sits just blocks to H Streets restaurants, Atlas Performing Arts Center, and year-round neighborhood events, residents enjoy easy connectivity along the free DC Streetcar line running between Union Station and Oklahoma Avenue on H Street/Benning Road.For investors, the propertys four self-contained apartments create multiple income strategies: lease all four for stable, diversified cash flow; pursue a value-add renovation plan to lift rents; or explore an owner-occupant house-hack with minimal downpayment options and FHA financing available.Neighborhood perks that help drive demand include proximity to Union Market and Ivy Citys retail/restaurant clusters, Gallaudet University, and major commuter routes. Outdoor lovers can reach the historic Langston Golf Course and the 446-acre U.S. National Arboretum in minutes"two unique amenities rarely found this close to downtown DC.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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3,246SQFT
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$368$/SQFT
School Information
Description
Amazing opportunity for investor (7.79% CAP) or house hacker (live in one and rent the others). This classic 4-unit brick building features each unit with 2 bedrooms, washer & dryer in each, dishwasher, separate utilities, recent plumbing & electric, recessed lights, central HVAC & solar panels to all 4 units.1908 M Street, NE sits just blocks to H Streets restaurants, Atlas Performing Arts Center, and year-round neighborhood events, residents enjoy easy connectivity along the free DC Streetcar line running between Union Station and Oklahoma Avenue on H Street/Benning Road.For investors, the propertys four self-contained apartments create multiple income strategies: lease all four for stable, diversified cash flow; pursue a value-add renovation plan to lift rents; or explore an owner-occupant house-hack with minimal downpayment options and FHA financing available.Neighborhood perks that help drive demand include proximity to Union Market and Ivy Citys retail/restaurant clusters, Gallaudet University, and major commuter routes. Outdoor lovers can reach the historic Langston Golf Course and the 446-acre U.S. National Arboretum in minutes"two unique amenities rarely found this close to downtown DC.
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