5050-5056 A St, Washington, DC 20019

6 Multifamily Properties in Washington, DC

Property Type
Multifamily

Listing Contacts

  • Property Info

Property Overview

The 5119 Astor Place portfolio offers the opportunity to own six multifamily properties sprawling across the eastern Fort Dupont and western Marshall Heights neighborhoods in Washington, DC. This dynamic portfolio comprises low-rise apartments featuring a traditional brick exterior and off-street parking. Each property has 12 units, aside from 4456 B Street, which has 18 units, with a variety of one- to two-bed/one-bath units. 5119 Astor Place portfolio benefits from convenient access to the Greater Washington, DC Metro area, high occupancy rates, and superior rental demographics. Within a 5-mile radius is a population of about 588,384 residents, where 57% of households are renter-occupied.

Wedged between Capitol View and Capitol Heights, Marshall Heights is a triangular-shaped community roughly 8 miles southeast of Downtown Washington, DC. Bordered by East Capitol Street on the north, Southern Avenue on the south, and Benning Road on the west, this neighborhood is part of DC's Seventh Ward. Marshall Heights and Fort Dupont are incredibly walkable communities convenient to the Benning Road Metro station, and the cafés and shops in the area can be reached in just minutes. 5119 Astor Place Portfolio is close to downtown and has fast commute times, providing an ideal home base for those who want a more suburban community while still enjoying easy access to DC. Take advantage of this turnkey multifamily investment opportunity.

Highlights

  • Six multifamily properties in Washington, DC's Fort Dupont and Marshall Heights neighborhood, walkable to cafés, shops, and public transportation.
  • Each three-story apartment building features a variety of one- to two-bed/one-bath units and convenient street parking.
  • Located near the Benning Road Metro station and various bus stops, providing a seamless connection around the Greater DC area.
  • Investors benefit from close proximity to Downtown DC, nearby Maryland communities, high occupancy rates, and excellent rental demographics.

FAQ

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