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833 L St NE
Washington, DC 20002
Union Market Rowhomes · Multifamily Property For Sale
·
2 Units
Investment Highlights
- Two row homes for sale, in good condition, ready for immediate occupancy
- Walk to NOMA metro station
- Walk to dining and entertainment hub at Union Market
Executive Summary
Unique opportunity to acquire a 2-unit rowhome investment in the H Street Corridor, directly across from Gallaudet University and just steps to Union Market.
831–833 L St NE is a single legal property with two 2-bedroom units, offering strong in-place income and immediate rental demand in one of DC’s most active neighborhoods. One unit is currently vacant, providing flexibility for an owner-occupant or the ability to lease at market rent, while the second unit is tenant-occupied.
Ideal for investors seeking a low-maintenance asset with a clear path to increased rental income in a high-demand, walkable location near retail, dining, and transit.
831–833 L St NE is a single legal property with two 2-bedroom units, offering strong in-place income and immediate rental demand in one of DC’s most active neighborhoods. One unit is currently vacant, providing flexibility for an owner-occupant or the ability to lease at market rent, while the second unit is tenant-occupied.
Ideal for investors seeking a low-maintenance asset with a clear path to increased rental income in a high-demand, walkable location near retail, dining, and transit.
Property Facts
| Price Per Unit | $646,782 CAD | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.64% | Lot Size | 0.02 AC |
| Sale Condition | High Vacancy Property | Building Size | 1,799 SF |
| No. Units | 2 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1913/2020 |
| Zoning | RF-1 - RF-1 zones are predominantly developed with row houses on small lots. | ||
| Price Per Unit | $646,782 CAD |
| Sale Type | Investment |
| Cap Rate | 5.64% |
| Sale Condition | High Vacancy Property |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 1,799 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1913/2020 |
| Zoning | RF-1 - RF-1 zones are predominantly developed with row houses on small lots. |
Property Taxes
| Parcel Number | 0909-0074 | Improvements Assessment | $425,639 CAD |
| Land Assessment | $680,797 CAD | Total Assessment | $1,106,436 CAD |
Property Taxes
Parcel Number
0909-0074
Land Assessment
$680,797 CAD
Improvements Assessment
$425,639 CAD
Total Assessment
$1,106,436 CAD
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