1724 CAPITOL NE, Washington, DC 20002

• 3,216 sqft

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.

Listing Status:

Active

Data Last Updated:

October 5, 2026 at 7:16AM

Listing Office:

Compass : 2023866330

Listing Agent:

Luis A Vivas : 2404799124

MLS ID:

DCDC2282412

Interior

• Basement: Other
• A/C: Central A/C
• Heating: Heat Pump(s)Natural Gas
• Disability Feature: Other

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• General: BrickSlab

Location

• Originating MLS: BRIGHT_MAIN
• School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
• County: WASHINGTON-DC

Lot

• Zoning: RF-14050//0016

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN