1912 M ST NE Washington, DC 20002
3,246 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,246 sqft
Price per Sqft $246
MLS Listing ID DCDC2234086
Style Other
Abv Grd Liv Area 3,246
Year Built 1939
Annual Tax Amount $6,906
Tax Year 2025
Lot Size 2,720 Sqft
Acres 0.06
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
The property benefits from a fully owned 6.61 kW solar system installed in 2023, significantly reducing electric costs and generating over $7,700/year in SREC income. Current rents total $4,727/mo, with a pro-forma income of $6,500–$6,700/mo once the owner's unit is rented. Actual cap rate is approximately 6% at $850,000, with a pro-forma cap rate near 7.7%.
Located steps from the National Arboretum and minutes to H Street, Union Market, and Ivy City, this property offers stable income today with clear value-add upside. Ideal for investors or owner-occupants using FHA, conventional, or DSCR financing. A strong, flexible asset in a rapidly growing neighborhood.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Other, Concrete Perimeter
Above Ground Finished SqFt 3246
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4446//0015
Ownership Fee Simple
SqFt Source 3246
Special Listing Condition Standard
