Welcome to 2514 13th Street NW - a thoughtfully renovated 4-unit multifamily property in the heart of Columbia Heights - from the Aria Residential portfolio. This property presents a PRIME opportunity for both owner-occupants or traditional investors, boasting solid market-rate rents and virtually ZERO deferred maintenance. The building consists of an attractive unit mix of one 1-bedroom unit, two 2-bedroom units, and one 3-bedroom unit. All units were fully renovated in 2011 and feature SPACIOUS LAYOUTS, HIGH-END FINISHES, ALL-ELECTRIC APPLIANCES, and INDIVIDUAL HVAC SYSTEMS, with SEPARATELY METERED UTILITIES for each unit (aside from water), providing efficient management and reduced owner expenses. Unit 2, a spacious 3-bedroom residence, is currently vacant and was previously rented for $3,145/month, creating an ideal opportunity for an owner-occupant to live on-site while offsetting their mortgage with rental income - OR presenting a fantsatic opportunity for a new investor to CASHFLOW IMMEDIATELY after lease-up. The property is ideally located just blocks from the Columbia Heights and U Street Metro stops, the vibrant retail, dining, and entertainment along 14th Street NW, and is right across the street from Cardozo High School. Current & Historical Rents: o Unit 1 (1BR): $1,413/month o Unit 2 (3BR - Vacant): Previously rented at $3,145/month o Unit 3 (2BR): $2,923/month o Unit 4 (2BR): $1,897/month o In-Place Gross Monthly Rent (3 units): $6,233 2514 13th Street NW benefits from strong rental demand and long-term upside in one of DC's most desirable neighborhoods. Tours are to be scheduled by appointment only! Please reach out to Michael Murray, whose information is listed below.
Listed by Ari Firoozabadi of Greysteel Company LLC

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