11 N St Nw, Washington, DC 20001

11 N Street NW presents a compelling opportunity to acquire an occupied two-unit investment property in the heart of Truxton Circle with $6,194 in current monthly scheduled rent and $74,328 in annual scheduled income. The property is configured as a 3-bedroom, 1.5-bath upper residence and a separate 1-bedroom, 1-bath lower residence. Both units are currently occupied on month-to-month leases under the Housing Choice Voucher program. Per the seller, the current rents are fully subsidized and the property has experienced no known payment issues. At the current rent roll, the $799,000 offering price represents an approximately 9.3% gross yield before operating expenses. Current ownership has not actively pursued rent increases, providing potential future income upside subject to applicable voucher-program requirements, rent-reasonableness determinations, existing leases and District regulations. Practical investment features include two rear off-street parking spaces, washer/dryer in...