2823 4TH STREET NE, WASHINGTON, DC 20002

Description

Property is ideal to expand off the rear and add one additional level, creating modern 2-bedroom, 2-bath or spacious 3-bedroom, 2-bath or a combo there of residences designed to maximize rental ROI. Discover an outstanding investment opportunity in one of Washington, DC's most sought-after neighborhoods. Situated in the heart of Brookland, this classic brick-front four-unit multifamily property offers approximately 3,480 square feet of living space and is currently vacant, providing exceptional flexibility for investors, developers, and owner-occupants alike. Live comfortably in one unit while generating rental income from the remaining apartments, or lease all four units to create a high-performing income-producing asset. Each unit includes a den that can easily serve as an additional bedroom, offering added flexibility for future occupants. Often affectionately known as "Little Rome" for its rich history and impressive collection of historic churches, Brookland is one of Northeast Washington's most established and vibrant neighborhoods. Tree-lined streets, beautiful architecture, a strong sense of community, and an exciting mix of longtime local favorites and newer businesses create a neighborhood that continues to attract homeowners, students, medical professionals, and investors alike. The location places you just minutes from The Catholic University of America, Trinity Washington University, MedStar Washington Hospital Center, the Washington VA Medical Center, Children's National Hospital, and several major employers, creating consistent demand for quality rental housing throughout the year. Residents enjoy an incredible selection of neighborhood dining and entertainment. Start your morning with coffee at Busboys and Poets or Zeke's Coffee, then explore local favorites including Primrose, Brookland's Finest Bar & Kitchen, Masala Story, San Antonio Bar & Grill, Menomale Pizza, and Tastemakers. Nearby Union Market, Monroe Street Market, and the Arts Walk offer an exciting mix of restaurants, boutiques, artisan shops, seasonal events, and community festivals. Grocery shopping is equally convenient with Yes! Organic Market, Giant Food, Aldi, Trader Joe's, and Costco all within a short drive. Outdoor recreation is abundant with Turkey Thicket Recreation Center featuring an indoor pool, fitness facilities, athletic fields, tennis courts, and playgrounds. Residents also enjoy Bryant Street Park, the Metropolitan Branch Trail for walking and biking, the National Arboretum's breathtaking gardens and trails, and numerous neighborhood parks and green spaces. Brookland offers exceptional transportation options for commuters. The Brookland-CUA Metro Station on the Red Line is just minutes away, providing convenient access to Downtown Washington, Capitol Hill, Union Station, NoMa, and beyond. Numerous Metrobus routes serve the neighborhood, while Rhode Island Avenue, South Dakota Avenue, Michigan Avenue, New York Avenue (US-50), and the Baltimore-Washington Parkway provide easy access throughout the Washington metropolitan area. Rich in history and culture, Brookland is home to the Basilica of the National Shrine of the Immaculate Conception, the Franciscan Monastery of the Holy Land in America, and a thriving arts community that continues to shape the neighborhood's unique identity. The combination of historic charm, modern conveniences, nationally recognized educational institutions, world-class medical centers, excellent public transportation, and continued neighborhood investment makes Brookland one of Washington, DC's premier destinations for both homeowners and real estate investors. Whether you're expanding your investment portfolio, planning a redevelopment project, or searching for an owner-occupied multifamily property with significant upside through thoughtful expansion, this vacant four-unit building offers a rare opportunity to own in one of Northeast Washington's most dynamic and desirable communities.

Property Information

Property Features

Schools

District:

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Financial Details

Directions

50 West to New York Ave - turn right towards Montana Ave NE - slight right on Montana Ave NE - continue straight onto 14th Street NE - turn left on Franklin Street NE - turn right on 4th Street N#

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