1344 T STREET NW

Property Description

Welcome to 1344 T St NW, 4-unit building. It is a rare opportunity and an Incredible deal to buy a building a block away from the hot DC's U Street Corridor. The building was renovated a few years ago and currently all the units are tenant occupied. The lower level is rented for a company and they use it as an office. The total current rent for all four units is $6,700.00 (below market rent). As per DC, Dept of Human Service website, the fair market rent for zipcode 20009 is $14,470.00. The building has one two bedroom - Unit 4, one bedroom - Unit 3 and two efficiencies - Unit 2 and Unit 1. The top three units have its own washer and dryer. The top floor -Unit 4 has a sky light. It could be a great investment. Convert it to condo’s or Luxury apartments or buy and hold for future appreciation. It is one of the best places to live or invest in DC - everything is in close proximity - DC night life, restaurants, grocery stores, metro stations, etc.