2021 Bunker Hill Rd NE Immeuble residentiel 4 lots À vendre Washington, DC 20018

THE OPPORTUNITY
As the exclusive listing broker, The Zupancic Group of Marcus & Millichap is pleased to present 2021 Bunker Hill Road NE, a 4-unit multifamily property located in the Michigan Park neighborhood of Northeast Washington, DC. Nestled in a quiet, residential pocket of the city, the property offers tenants a suburban feel while remaining close to major corridors such as South Dakota Avenue, Riggs Road, and the Fort Totten Metro Station. The asset is fully occupied, providing investors with immediate day-one cash flow. Additionally, TOPA has been cleared, allowing for a quick and efficient closing process.
THE ASSET
2021 Bunker Hill Road NE is a fully occupied 4-unit multifamily property located in the residential Michigan Park neighborhood of Northeast Washington, DC. The asset is roughly 3,587 SF and sits on a corner lot that totals 3,116 SF. The property features a unit mix of two (2) one-bedrooms, one (1) two-bedroom, and one (1) three-bedroom apartment, all recently renovated with individual HVAC systems and in-unit hot water heaters. Three of the four units feature in-unit washer/dryers, and the property includes two off-street parking spaces. Tenants pay for electricity (heating, cooling, hot water) and gas (cooking), while the landlord is only responsible for water, sewer, and trash. With an average in-place rent of $1,764 and minimal operating expenses, the asset offers strong day-one cash flow and long-term upside in a stable, low-density submarket.
THE LOCATION
2021 Bunker Hill Road NE is tucked away in the quiet, residential Michigan Park neighborhood of Northeast DC, offering a peaceful retreat with easy access to city life. Tenants enjoy a calm, friendly community with tree-lined streets and nearby parks like Fort Totten and Turkey Thicket for outdoor activities. It’s close to major roads like South Dakota Avenue and Riggs Road, plus just a short ride from Fort Totten Metro Station (Red, Yellow, and Green lines), making commuting or exploring the city simple. With Catholic University nearby, the area also attracts students and professionals seeking convenient housing. This mix of tranquility, green space, and connectivity makes it a great place for tenants who want the best of both worlds.