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FHA 203K Watch: Multi-Unit Buildings as Be Your Own Landlord Targets

FHA 203K Watch: Multi-Unit Buildings as Be Your Own Landlord Targets

There are more multi-unit properties than you think currently for sale in DC currently. The numbers can change daily as buildings go in & out of contract or go off of the market. Why are we calling out multi-unit buildings? Buying a building in a Be Your Own Landlord situation where you live in 1 unit and rent the others for income is very possible for first time home buyers.

The FHA 203K gives you the power to make a low down payment (3.5-4.5%) when buying a multi-unit property that will also be your primary residence. The competing investor buyer who will not be living onsite has to pay a 20% Down Payment for the same building. Curious how this works? Check out our upcoming FHA 203K Workshops, a popular series we’ve been running for 5 years now.

We do regular tours of multi-unit properties, typically on Sundays. Some buildings have varying levels of tenant occupancy, meaning it is best to plan early in the week. We are happy to set up access to anything you want to see!

* Separate multiple values with comma.

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2384 Champlain Street Nw Washington, DC 20009

Price $6,500,000
Units 4
Status Active Under Contract
MLS # 1000186767
Property Type Other
 
 

626 E Street Se Washington, DC 20003

Price $5,950,000
Units 1
Status Active
MLS # DCDC401594
Property Type Other
 
 

1123 11th Street Nw Washington, DC 20001

Price $5,350,000
Units 4
Status Active
MLS # DCDC425270
Property Type Other
 
 

317 3rd Street Se Washington, DC 20003

Price $5,000,000
Units 1
Status Pending
MLS # DCDC399554
Property Type Other
 
 

1644 West Street Se Washington, DC 20020

Price $4,200,000
Units 1
Status Active
MLS # 1002752424
Property Type Other
 
 

911 T Street Nw Washington, DC 20001

Price $3,200,000
Units 4
Status Active
MLS # DCDC422102
Property Type Row/townhouse
 
 

1311 Rhode Island Avenue Nw Washington, DC 20005

Price $2,895,000
Units 4
Status Active
MLS # 1009928212
Property Type Row/townhouse
 
 

1101 Florida Avenue Ne Washington, DC 20002

Price $2,800,000
Units 4
Status Active
MLS # DCDC426150
Property Type Other
 
 

311 F Street Ne Washington, DC 20002

Price $2,495,000
Units 2
Status Pending
MLS # DCDC309516
Property Type Row/townhouse
 
 

Not ready to sit down with a real estate agent yet? We have free group Home Buyer Workshops twice a week, every week. Here’s the schedule & topics:

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