4214 Benning Road NE

• STEPS FROM THE METRO
• The Property is located 0.3 miles from the Benning Road Metro Station, which serves WMATA’s Blue and Silver Lines, with direct access to Downtown D.C. and Northern Virginia. Access to public transportation is an important amenity when renters are looking for housing options.
• BENNING ROAD STREETCAR
• The neighborhood has experienced a boom in development with recently delivered retail, restaurants, and residential properties all within close proximity to the subject property. As part of the continued redevelopment, D.C. is extending the Streetcar from H Street out to Benning Road Metro stop. Slated to be delivered in 2026, the Streetcar connectivity would bring further development into the neighborhood.
• 800+ SQUARE FOOT UNITS
• All units are 800+ square feet with many accompanied with their own private walk out balcony. The above-average unit size will allow new ownership the flexibility to increase their return on investment through various value add strategies, including increasing the bedroom density.
• SECURED OFF-STREET PARKING
• There are over 20 dedicated off-street parking spaces in a gate-secured parking lot behind the buildings. Secured off-street parking is a valuable amenity for residents, allows for ease of access for maintenance, and can be very valuable in a future condo exit strategy.
• UNUSED BUILDING SQUARE FOOTAGE
• The Property boasts substantial unused square footage throughout the lower levels of the building, providing a significant potential for increased ROI. By implementing various value-adding strategies, such as adding extra units, storage, laundry facilities, etc. new ownership can capitalize on this space.

Property Description

THE OPPORTUNITY The 35-unit property (with a CofO for 36-units) is an attractive value-add investment situated along a main thoroughfare in Ward 7. Located in an emerging neighborhood, new ownership will reap the benefits of future developments outside the Property’s front door.