2241 40th Pl NW,WASHINGTON, DC 20007
WASHINGTON, DC 20007
Description
GREAT VALUE AT THIS NEW PRICE!! Prime Glover Park fourplex, totally remodeled in 2014, offering a rare blend of turnkey income, longterm stability, and future redevelopment potential in one of Northwest DC's most desirable residential corridors. This fully detached building allows abundant natural light to reach all four apartments-an uncommon advantage in the neighborhood.All four units are VACANT, providing immediate flexibility for new owners-ideal for investors seeking fresh leases at market rents or owneroccupants looking to customize their preferred unit.Each of the four spacious 1bedroom residences features renovated kitchens, refreshed baths, hardwood floors, upgraded systems, and efficient layouts that maximize rentability. The property has been exceptionally maintained, including a new roof installed in 2024, delivering a lowmaintenance, highperforming asset from day one.Situated on a 5,274 sq ft corner lot, the site offers meaningful longterm upside for buyers exploring expansion, reconfiguration, or redevelopment under favorable zoning characteristics (buyer to verify). Strong rental demand, walkability, and proximity to Wisconsin Ave, Stoddert Elementary, parks, retail, and transit make this an ideal hold for both seasoned investors and owneroccupants seeking income support.A rare opportunity to secure a stabilized, detached, fully updated multifamily asset in a supplyconstrained neighborhood with significant future potential. Sale is subject to a 1031 Tax Exchange.
Details
| MLS # | DCDC2265748 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1933 |
| Days On Site | 118 |
| Listing Provided By | Solutions Realty Group LLC | Ricardo S Bolanos |
Features
| SQ Feet | 3,648 |
|---|---|
| Units | 4 |
| Zoning | R |
| Acreage | 0.12 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
Taxes
| Tax Annual Amount | 15358 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20007 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20007) | |
Price: $1,645,000 low | high Med: $477,000 sqft: 3,648 low | high Med: 689 $ / sqft: $451 low | high Med: $695 On site: 118 low | high Med: 79.5 | |
Market Activity 20007
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20007 |
| Area | WASHINGTON DC |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in 20007) | |
Price: $1,645,000 low | high Med: $477,000 sqft: 3,648 low | high Med: 689 $ / sqft: $451 low | high Med: $695 On site: 118 low | high Med: 79.5 | |
