75 New York Avenue NW

Description

This beautifully maintained 2-unit multi-family building is fully leased and stabilized at a 6%+ CAP rate including management. Close to everything in Washington, DCs Truxton Circle and NoMA neighborhoods, this versatile property offers exceptional investment potential or an ideal opportunity for owner-occupancy with rental income. Each spacious unit was fully updated recently with all modern finishes, ample natural light, and well-appointed living areas designed for comfort and functionality. Conveniently located a short walk to metro, close to downtown, Union Market, and major commuter routes, this property has what tenants are looking for. As a well maintained and fully stabilized asset, it provides regular income and immediate returns. Whether you are a seasoned investor or looking to build a portfolio, dont miss this rare opportunity to own a drama-free and prime piece of real estate in the Nations Capital.UNIT A : 4BD/2.5BA, 1,892 SQ. FT.UNIT B : 1BD/1BA, 946 SQ. FT.The NoMa (short for "North of Massachusetts Avenue") neighborhood in Washington, D.C., is a vibrant and rapidly developing urban area known for its excellent metro/transit access, and dynamic mix of residential, commercial, and cultural spaces. Situated just north of Capitol Hill and Union Station, NoMa has transformed from a former industrial zone into a bustling hub with sleek apartment buildings, trendy eateries, co-working spaces, and art installations like the iconic "Lightweave" underpass. It is home to key institutions such as NPR's headquarters and benefits from a walkable layout and proximity to Metro stations, making it a popular destination for professionals, creatives, and city dwellers seeking convenience and community.