1724 CAPITOL AVE NE, Washington, DC 20002
1724 CAPITOL AVE NE, Washington, DC 20002
1724 CAPITOL AVE NE, Washington, DC 20002
1724 CAPITOL AVE NE, Washington, DC 20002
1724 CAPITOL AVE NE, Washington, DC 20002
1724 CAPITOL AVE NE, Washington, DC 20002
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Listed by Lou Vivas • Compass
$ 875,000
Est. payment | /mo

2 Beds

2 Baths

3,216 SqFt


Save
$ 875,000
Est. payment | /mo
Save

2 Beds

2 Baths

3,216 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,216 sqft

Price per Sqft $272

Subdivision Brentwood

MLS Listing ID DCDC2282352

Style Other

Bedrooms 2

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 3,216

Year Built 1937

Annual Tax Amount $7,241

Tax Year 2026

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Rare fully-occupied 4-unit investment opportunity in DC's Brentwood corridor, minutes from Gallaudet University and Union Market.

This solid brick building was built in 1937, all four units one-bedroom and individually metered for electric with their own heat pumps, keeping operating costs low and predictable for ownership. The flat roof was fully resurfaced in 2024, and a valid Certificate of Occupancy is on file. Additional features include a rear storage building with roll-up door, private decks, and a classic front porch. On-street parking.

Currently producing $66,516 in gross annual rent at a 5.7% cap rate, with every unit priced below market and a confirmed comparable-sale ceiling of $1,687 per unit. Bringing rents to that level lifts gross income to roughly $80,976 a year and pushes the cap rate to approximately 7.3%, a documented upside path since three of the four tenancies are DC housing voucher-backed and increases run through the housing authority's established rent reasonableness process, meaning a substantial share of income is government-backed and stable.

Full financial package, rent roll, and maintenance history available upon request. Also well suited to an owner-occupant buyer using this as a house hack, live in one unit and let the other three help carry the mortgage. Won't last at this basis.

Location

State DC

County Washington

Zoning RF-1

Rooms

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Private Pool No

Building

Story 2

Foundation Concrete Perimeter

Above Ground Finished SqFt 3216

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 4050//0016

Ownership Fee Simple

SqFt Source 3216

Acceptable Financing Conventional, FHA, VA

Listing Terms Conventional, FHA, VA

Financing Conventional,FHA,VA

Special Listing Condition Standard

Pets Allowed Case by Case Basis

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Vincent Caropreso

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(410) 384-4800

vincec@teamcaropreso.com

7466 New Ridge Road Suite 1, Hanover, MD 21076

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1724 CAPITOL AVE NE