Washington, DC 20019

Property Description

Opportunity meets potential at 4340 Sheriff Road NE, an 8-unit multifamily asset offering investors the chance to acquire an income-producing property with significant value-add upside in Northeast Washington, DC. The property features eight residential units, a solid brick exterior, existing rental income, and off-street parking for approximately 3–4 vehicles. With several units currently occupied and additional units positioned for renovation and lease-up, the property presents multiple paths to increase income, improve operations, and enhance long-term asset value. Strategically located along the Sheriff Road corridor, the property offers convenient access to Metrobus service, Minnesota Avenue Metro, major commuter routes, neighborhood retail, and employment centers throughout the District. For the experienced investor, this is an opportunity to renovate, reposition, stabilize, and grow NOI while adding a multifamily asset to a DC portfolio. Existing occupancy provides in-place income while the property's vacant and value-add units create an opportunity for future rental growth. Highlights include: 8 multifamily units • Existing rental income • Value-add/renovation opportunity • Vacant-unit lease-up potential • Brick construction • Off-street parking • Public transportation access • Washington, DC location. Property is being sold AS-IS. Buyer to perform all due diligence and independently verify unit configuration, occupancy, rents, licenses, zoning, financial information, property condition, and development or renovation potential.