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4420 B St SE
Washington, DC 20019
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- The Opportunity: Nine-unit, well-maintained building in Fort Dupont, DC, offering strong rental income in a growing neighborhood.
- Spacious Units: 700+ sq ft units allow for value-add potential, including increasing bedroom count.
- Metro Access: Just 0.7 miles from Benning Road Metro (Blue & Silver Lines) for easy access to DC and Northern VA.
- Rental Upside: Current $1,000 rents could rise to $1,323–$1,713 with market adjustments and unit conversions.
- Well-Maintained: Minimal deferred maintenance offers a solid base for long-term investment.
- Growing Neighborhood: Fort Dupont is revitalizing with new development and increasing investor interest.
EXECUTIVE SUMMARY
THE OPPORTUNITY:
4420 B Street SE is a well-maintained nine-unit apartment building in the rapidly evolving Fort Dupont neighborhood of Washington, DC. This investment offers strong rental income potential in an emerging market with continued growth.
RENTAL UPSIDE:
With current rents averaging $1,000 per unit, new ownership can capitalize on significant rental upside. Market comps indicate the potential to increase rents to $1,323—a 30% uplift. Additionally, converting units into two-bedroom layouts could further boost rents to $1,713 per unit.
SPACIOUS 700+ SQUARE FOOT UNITS:
With above-average unit sizes, new ownership has flexibility for value-add strategies, such as increasing bedroom density, to maximize return on investment.
WELL-MAINTAINED ASSET:
The Property has been consistently maintained, providing a stable foundation for long-term investment with minimal deferred maintenance.
PROXIMITY TO METRO:
The Property is ideally located just 0.7 miles (a 10-minute walk) from the Benning Road Metro Station, providing direct access to Downtown D.C. and Northern Virginia via WMATA’s Blue and Silver Lines—a key amenity for renters seeking convenience and connectivity.
GROWING NEIGHBORHOOD:
Fort Dupont is experiencing ongoing revitalization, attracting investment and new development, making it an ideal time to enter this appreciating market.
4420 B Street SE is a well-maintained nine-unit apartment building in the rapidly evolving Fort Dupont neighborhood of Washington, DC. This investment offers strong rental income potential in an emerging market with continued growth.
RENTAL UPSIDE:
With current rents averaging $1,000 per unit, new ownership can capitalize on significant rental upside. Market comps indicate the potential to increase rents to $1,323—a 30% uplift. Additionally, converting units into two-bedroom layouts could further boost rents to $1,713 per unit.
SPACIOUS 700+ SQUARE FOOT UNITS:
With above-average unit sizes, new ownership has flexibility for value-add strategies, such as increasing bedroom density, to maximize return on investment.
WELL-MAINTAINED ASSET:
The Property has been consistently maintained, providing a stable foundation for long-term investment with minimal deferred maintenance.
PROXIMITY TO METRO:
The Property is ideally located just 0.7 miles (a 10-minute walk) from the Benning Road Metro Station, providing direct access to Downtown D.C. and Northern Virginia via WMATA’s Blue and Silver Lines—a key amenity for renters seeking convenience and connectivity.
GROWING NEIGHBORHOOD:
Fort Dupont is experiencing ongoing revitalization, attracting investment and new development, making it an ideal time to enter this appreciating market.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Class | C |
| No. Units | 9 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 6,648 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Zoning | R-2 - 021 - Residential-Apartment-Walk-Up | ||
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 6,648 SF |
| No. Stories | 3 |
| Year Built | 1953 |
| Zoning | R-2 - 021 - Residential-Apartment-Walk-Up |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
PROPERTY TAXES
| Parcel Number | 5350-0021 | Improvements Assessment | $771,175 CAD |
| Land Assessment | $177,857 CAD | Total Assessment | $949,032 CAD |
PROPERTY TAXES
Parcel Number
5350-0021
Land Assessment
$177,857 CAD
Improvements Assessment
$771,175 CAD
Total Assessment
$949,032 CAD
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