5601 Colorado Ave NW,WASHINGTON, DC 20011
WASHINGTON, DC 20011
Description
Unlock the potential of this fully rented, six-unit multifamily building located on highly desirable Colorado Ave NW the perfect addition to any growing investment portfolio. Each of the six one-bedroom units spans approximately 600 square feet and features hardwood floors throughout, creating a warm and durable living space that tenants love. The building includes a shared washer and dryer in the basement, with untapped potential to add two more one-bedroom units or convert the space into a spacious two-bedroom allowing for increased future cash flow and long-term value. Additional perks include off-street parking for two vehicles, a highly coveted amenity in this part of the city. Ideally situated just half a block from 14th Street and close to 16th Street, Carter Barron Amphitheatre, and Rock Creek Park, this property offers convenience, recreation, and excellent public transportation options. It's also located along a popular bike route, attracting tenants who value active and connected lifestyles. All units are currently occupied. Please refer to the documents section for current rent rolls and explore this exceptional opportunity to invest in one of D.C.’s most vibrant and stable neighborhoods. Don’t miss your chance to own a cash-flowing asset with value-add potential in a premier NW corridor.
Details
| MLS # | DCDC2196988 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1936 |
| Days On Site | 62 |
| Listing Provided By | Corcoran McEnearney | Ashling McGowan |
Features
| Units | 6 |
|---|---|
| Zoning | R-5-A |
| Acreage | 0.06 |
| Property View | City |
Interior
| Cooling | Central A/C, Heat Pump(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Heat Pump(s) |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | Corner, Other |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 7007 |
| Tax Lot | 16 |
Market Activity 20011
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20011 |
| Area | WASHINGTON DC |
| Community Name | 16TH STREET HEIGHTS |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 16TH STREET HEIGHTS) | |
Price: $1,550,000 low | high Med: $995,000 On site: 62 low | high Med: 77.000000 | |
 | $1,200,0005217 Georgia Ave NwWashington, DC 20011 |
