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Welcome to 4013 Gault Place NE, a fully renovated and VACANT six-unit apartment building ideally situated in the heart of the rapidly growing Deanwood neighborhood of Washington, DC. Just steps from the Minnesota Avenue Metro Station, this property presents a rare and exciting opportunity for investors. Gut-renovated within the past few years, the building features modernized systems, updated electrical, new appliances, and refreshed exteriors"”making it move-in ready for tenants. With market rents for two-bedroom units estimated at approximately $2,400 per month, the property is positioned for strong and immediate income potential. The unbeatable location offers unparalleled connectivity via the Minnesota Avenue Metro Station, serving the Orange and Silver lines, as well as quick access to major roadways, including I-295, I-495, I-95, and Route 50. Tenants will also benefit from the nearby Minnesota Avenue retail corridor, which provides convenient shopping, dining, and an array of amenities, with more on the horizon as the neighborhood continues to evolve. Don't miss this exceptional investment opportunity to own a fully updated, high-income-potential property in one of DC's most up-and-coming neighborhoods.
DAYS ON MARKET | 2 | LAST UPDATED | 1/6/2025 |
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YEAR BUILT | 1953 | COUNTY | WASHINGTON |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
CONSTRUCTION | Brick |
HEAT | Central |
LOT | 4792 sq ft |
PARKING | On Street |
TAXES | 47011 |
WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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