4474 Macarthur Blvd Nw, Washington, DC 20007

Property Description

FULLY OCCUPIED AND CASH FLOWING 4-UNIT BUILDING IN THE PALISADES WITH FINISHED BASEMENT. Exempt from TOPA and exempt from rent control for most new owners. 4474 MacArthur Blvd NW is approximately 4,488 gross square feet across two stories and a basement. All units are 2 bedroom/ 1 bath with an estimated size of 860 gross square feet each. Annual rents are over $92,000 with a strong rental history. Tenants pay their own electric and gas. Owner pays for hot water, water & sewer (passed through), and trash. Great for an investor or owner/occupant! 4474 MacArthur Blvd NW is in an excellent location in one of Washington, DC's most desirable zip codes. Supply-constrained neighborhood that is mostly residential. Located less than a mile from Georgetown University. In-bound for Key Elementary, Hardy Middle School, and MacArthur High School. RA-1 zoning allows for future development and possible conversion of the finished basement into legal units.