4034 7th Street NE, Washington, DC 20017

Description

NOW ACCEPTING BACK-UP OFFERS!

Want to invest in Real Estate AND enjoy all the fabulous offerings of one of the hottest Metro friendly (10 min walk) neighborhoods in DC? Here is your chance! This charming 2 unit (each 1 bedroom/1 bathroom, one on bottom, one on top) rowhouse is in the heart of it all. Close to the University (CU), Brookland Metro, and a short walk to just about anything you or your tenants could enjoy. The "Little Rome" of DC is known as much for its history and architecture as it is for its lively arts district, food, and pubs. Brookland is the perfect mix of tree-lined streets, modern conveniences, and retro storefronts. The central arts zone (Arts Walk) is near the Brookland Metro, eateries, galleries and performance spaces.

Tow one bedroom, one bath units. Upstairs tenant just moved out (Unit 2, upper floor), while the main level tenant (Unit 1) is in year-long lease ($1795/mo) through May 31, 2026. Main level unit (#1) has an updated kitchen (2023) with new flooring, cabinets, appliances, countertops and in-unit stacked washer/dryer. Upstairs (Unit 2) is ready for your updates, but features a refreshed bathroom and access to washer/dryer in the lower/basement level of the property. There is also storage space for both units in the basement. Heating and air for both units just converted to separately metered electric mini-splits with outside heat pumps (2 mini-splits in each unit), allowing for removal of window ac units (note still shown in some pictures of the main level occupied unit, taken before rented and mini-splits installed). Note other upgrades and new/newer features on Photo Captions.

A perfect entry into investing, you can live in the upper unit and rent out the main level. Already building your investment portfolio? Each of these units show well and rent quickly ($1700-$1800 depending on market). Not an investor but want to be a part of Brookland? Some of these multi-unit properties have been remodeled back to single family rowhouses.

NOTE: PICTURES ARE NOT ALL UP TO DATE BUT ARE REASONABLY REPRESENTATIVE OF CURRENT CONDITION. UNIT 1 PICTURES ARE FROM WHEN UNIT WAS VACANT (CURRENTLY OCCUPIED). ALL WINDOW AC UNITS IN PICTURES ARE NO LONGER THERE BECAUSE HEATING AND COOLING HAS BEEN SWITCHED TO ELECTRIC MINI-SPLITS WITH OUTSIDE MOUNTED HEAT PUMPS. TENANTS PARK IN ALLEY PARKING SPACES BUT SPACES ARE NOT DEEDED TO SELLER OR INCLUDED IN SALE. EXTERIOR PICTURES SHOW SPRING CONDITIONS AND LANDSCAPING DIGITALLY ENHANCED. ALL CONDITIONS ON SIGHT SHOULD BE VERIFIED BY POTENTIAL BUYERS.