Property Description
Exceptional multifamily investment opportunity in the Brookland neighborhood of Northeast Washington, DC, at 120 Taussig Street, offering the ideal combination of quality renovations, established rental income, and future upside. This well-maintained two-unit building features a spacious three-bedroom, two-and-a-half-bath residence and a comfortable two-bedroom, one-and-a-half-bath residence. One unit is currently leased for $4,500 per month, providing established rental income of $54,000 annually, while the second unit offers additional income potential with a projected rent of $2,000 per month. If fully leased at the stated rental rates, the property has the potential to generate $6,500 per month, or $78,000 annually. The interiors have been thoughtfully updated with quality finishes, modern kitchens, well-appointed bathrooms, attractive flooring, and improvements throughout. Each residence offers a polished, functional living environment designed to appeal to quality tenants while providing an attractive investment opportunity for the owner. The combination of a strong existing lease, a second unit available for lease-up, and meaningful future income potential creates an exceptional opportunity for both seasoned investors and those seeking to enter the Brookland multifamily market. With one income-producing residence already generating reliable rental revenue and the second unit offering immediate upside, 120 Taussig Street presents the opportunity to acquire a well-positioned multifamily asset with both current cash-flow potential and long-term investment appeal. A compelling property for investors seeking quality, functionality, and multiple avenues for future value creation.
Property Details 120 TAUSSIG PLACE NE, WASHINGTON, DC 20011
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