3919 R St Se, Washington, DC 20020

Located in the Fort Dupont Park community, 3919 R Street SE offers a well-maintained four-unit apartment building ideal for both investors and owner-occupants. The property includes four spacious 2-bedroom, 1-bathroom units, with three units currently vacant—providing immediate rental or occupancy flexibility. Each unit is separately metered, and recent updates include new windows, updated counter top, updated floorings, and renovated bathrooms. The building is fully detached and sits on a generous 6,190 SF lot, with approximately 3,400 SF of living space. This property offers several strategic options: Buy and hold as a traditional rental Live in one unit and rent out the others Condo conversion potential (subject to applicable approvals) Gross rental income potential is estimated between $72,000 – $76,800 annually based on DC fair market rents (Section 8 rates range from $1,500 to $1,620 per unit, including utilities). The building is freshly painted and ready for its next … read more …