230 Webster St NE, Washington, DC 20011

Description

Investor opportunity in Northeast Washington, DC! This versatile multifamily property offers an opportunity to build a rental portfolio in an established residential location near Brookland, Catholic University, and Metro access. Previously configured as a two-unit property with a 1-bedroom unit and a 3-bedroom unit, the property presents potential for multiple rental income streams, owner-occupancy with supplemental income, or a strategic repositioning to maximize its investment potential. The property is zoned RA-1, and a prior Board of Zoning Adjustment order approved special-exception relief for a proposed three-unit apartment configuration, subject to approved plans and applicable permitting requirements. Whether your strategy is to hold and rent, renovate, or explore a three-unit layout, this property offers an opportunity to pursue your investment vision in the nation's capital. Buyer to independently verify current zoning approvals, permitted unit count, building and occupancy requirements, property condition, rental potential, and all redevelopment plans.