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Real Estate

Multi-Unit Income Producer: Huge 4 Unit Shaw Victorian Now Listed


UrbanLand Company
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Here’s a multi-unit building for sale in Shaw that has almost 5,000 sq. ft. of interior space across it’s 4 included condominium units. The address is 1119 6th Street, NW and it is newly listed for sale with representation by UrbanLand Company at a listing price of $1,800,000.

The address is about 1 block to the Convention Center, METRO and Busboys & Poets and a just a little bit further to Chinatown and all of Shaw’s new retail and restaurants.

This is an income producing property with tenants in place. You could potentially live in 1 unit and rent the other 3 units out for income. The potential per year for rent is over $80,000 per year.  The unit mix includes (2) three level 2BR / 2BA apartments with interior patios and (2) 1 BR, 1BA units. Parking is included for 2 cars in the back of the building. This property is also a target for a full conversion to (4) for-sale condominiums. Great way to take advantage of a rising Shaw real estate market!

Here’s a few photos of the building and the units. These homes are currently occupied. Full listing details are available at http://bit.ly/2hsRh74.

 

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