Ignite FB Tracking Pixel1311 R Street nw, Washington, DC 20009 - R. M. Simpson Real Estate, LLC.
R. M. Simpson Real Estate, LLC.
R. M. Simpson Real Estate, LLC.Phone: (202) 527-0478
Email: [email protected]
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CondoFor Sale
$4,000,000
1311 R Street NW
Washington, DC 20009
Listed by: Compass, (202) 386-6330
MLS: Bright MLS
6Beds
6Full2Half Baths
Est. Mortgage
$20,747/mo

A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.

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This data is up-to-date as of 04/21/2025 03:43 AM. Listing provided by Noel P Sesay of Compass.
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