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6616 14th St NW 4 Unit Apartment Building $1,767,068 CAD ($441,767 CAD/Unit) Washington, DC 20012
Investment Highlights
- Each unit is separately metered with dedicated gas, electric, central HVAC, water heater, and washer/dryer for simplified management.
- Off-street parking for up to eight vehicles provides an additional income source and tenant convenience.
- Walking distance to Takoma Park Metro and accessible to downtown Silver Spring, Petworth, and Columbia Heights.
- Renovated circa 2006 with hardwood floors, ceramic tile kitchens, and modern appliances in all units.
- Close proximity to Whole Foods, Starbucks, The Parks at Walter Reed, and Rock Creek Park enhances resident lifestyle appeal.
- Quiet residential setting near recreation options, playgrounds, and multiple public transportation routes.
Executive Summary
Rarely available 4 unit in well managed condition in upper NW, DC. RENT CONTROL EXEMPT (conveys w/ RAD Exemption) and for buyers who do not own more than four units in Washington, DC, this property would remain exempt. Buyer can occupy a unit benefit from having 3 units lease and occupy one unit, or rent all 4. Solid brick on block construction and easy to self-manage. All 4 units separately metered for gas & electric. Each has its own furnace, hot water heater and washer/dryer in unit. 2 blocks from Whole Foods, Starbucks and the Parks at Walter Reed. Walking distance to Takoma Park Metro and easy access to downtown Silver Spring, Petworth, and Columbia Heights. Easy to rent, just off 16th Street NW. Neighborhood is quiet and convenient and adjacent to Rock Creek Park. All Four units are 2BR, 1Bath configurations n have been updated circa 2006, all have hardwood floors, w/ updated kitchens that features hardwood cabinets, a ceramic tile floor, and updated kitchen appliances. Each apartment has a rear entrance that opens onto an off-street parking area that is available for use by building residents only for addl income. Each apt has its own forced air, central AC/heat, and intercom system. Water and sewage fees and trash collection are included in the rental fee. But these fees could be recuperated in new leases. Apt bldg has up to 8 stacked rear parking spaces off alley n also has ample well-lit street parking. The apartment is cable/high-speed internet (multiple suppliers), minimal capital expenditures, and strong upside potential. Roof is solid condition. This property is ideal for an owner-occupant looking to have rental income service their loan or investors seeking immediate cash flow and long-term value in a vibrant area. 3 out 4 HVAC units replaced in 2025. Listing Broker is owner. Short work to Rock Creek Park, The Parks at Walter Reed, Whole Foods, Starbucks, restaurants, and from Fort Stevens Park with playgrounds, tennis courts, basketball courts, and a recreation center. Multiple bus lines directly in front of bldg. DO NOT enter the bldg without express written authorization from listing agent. Contact listing agent for income, expenses and other evaluation materials.
Property Facts
| Price | $1,767,068 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $441,767 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 4 | Building Size | 3,200 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1937 |
| Zoning | RA-1 - Residential Apartment | ||
| Price | $1,767,068 CAD |
| Price Per Unit | $441,767 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 3,200 SF |
| No. Stories | 2 |
| Year Built | 1937 |
| Zoning | RA-1 - Residential Apartment |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 2732-0075 | Improvements Assessment | $738,820 CAD |
| Land Assessment | $542,761 CAD | Total Assessment | $1,281,581 CAD |
Property Taxes
Parcel Number
2732-0075
Land Assessment
$542,761 CAD
Improvements Assessment
$738,820 CAD
Total Assessment
$1,281,581 CAD
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6616 14th St NW
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