5601 COLORADO AVE NW, Washington, DC 20011
5601 COLORADO AVE NW, Washington, DC 20011
5601 COLORADO AVE NW, Washington, DC 20011
34
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Listed by Alex Saenger • CENTURY 21 New Millennium
$1,350,000
Est. payment /mo
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5601 COLORADO AVE NW Washington, DC 20011

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision 16Th Street Heights

MLS Listing ID DCDC2267460

Year Built 1936

Annual Tax Amount $7,007

Tax Year 2024

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Six-Unit Apartment Building | Offered at $1,350,000
Rare opportunity to acquire a well-maintained six-unit apartment building in the highly desirable 16th Street Heights / Brightwood Park area of Northwest Washington, DC. Built in 1936, this classic brick apartment building consists of six one-bedroom, one-bath units and offers investors stable income with significant long-term upside in one of DC's most established residential neighborhoods.
The property features spacious one-bedroom floor plans, hardwood flooring, updated kitchens in select units, on-site laundry facilities, basement storage, and off-street parking availability. Residents enjoy convenient access to Rock Creek Park, 16th Street, public transportation, neighborhood shopping, dining, and major commuter routes throughout the District and surrounding metropolitan area.
Current operations include a mix of market-rate and voucher-assisted tenancy, creating a diversified income stream. Based on current rents, the property generates approximately $148,164 in annual gross income. After operating expenses of approximately $30,445 annually, the building produces an estimated Net Operating Income (NOI) of $117,719, resulting in an attractive 8.7% capitalization rate at the asking price of $1,350,000. This represents a compelling opportunity for investors seeking immediate cash flow and long-term appreciation potential in the Washington, DC market. All numbers based on 2025 full year expenses.

Investment Highlights
•

Location

State DC

County Washington

Zoning R-5-A

Interior

Hot Water Natural Gas, Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C, Heat Pump(s)

Inclusions All appliances As-Is, Where-Is

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

View City

Accessibility None

Total Parking Spaces 2

Garage N

Building

Lot Description Corner, Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2798//0016

Ownership Other

Security Features Main Entrance Lock

Acceptable Financing Cash, Exchange, Conventional, Negotiable

Listing Terms Cash, Exchange, Conventional, Negotiable

Financing Cash,Exchange,Conventional,Negotiable

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader | License ID: 0121845

+1(856) 207-7592

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5601 COLORADO AVE NW

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