5601 Colorado Ave Nw, Washington, DC 20011
Local realty services provided by:CENTURY 21 New Millennium
Listed by:
- Alex Saenger(301) 519 - 8100CENTURY 21 New Millennium
Office: century 21 new millennium
MLS#:DCDC2267490
Source:BRIGHTMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$242.81
About this home
Six-Unit Apartment Building | Offered at $1,350,000
Rare opportunity to acquire a well-maintained six-unit apartment building in the highly desirable 16th Street Heights / Brightwood Park area of Northwest Washington, DC. Built in 1936, this classic brick apartment building consists of six one-bedroom, one-bath units and offers investors stable income with significant long-term upside in one of DC's most established residential neighborhoods.
The property features spacious one-bedroom floor plans, hardwood flooring, updated kitchens in select units, on-site laundry facilities, basement storage, and off-street parking availability. Residents enjoy convenient access to Rock Creek Park, 16th Street, public transportation, neighborhood shopping, dining, and major commuter routes throughout the District and surrounding metropolitan area.
Current operations include a mix of market-rate and voucher-assisted tenancy, creating a diversified income stream. Based on current rents, the property generates approximately $148,164 in annual gross income. After operating expenses of approximately $30,445 annually, the building produces an estimated Net Operating Income (NOI) of $117,719, resulting in an attractive 8.7% capitalization rate at the asking price of $1,350,000. This represents a compelling opportunity for investors seeking immediate cash flow and long-term appreciation potential in the Washington, DC market. All numbers based on 2025 full year expenses....
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Home facts
- Year built:1936
- Subdivision & Development:16TH STREET HEIGHTS
- Listing ID #:DCDC2267490
- Added:52 day(s) ago
- Updated:August 02, 2026 at 08:35 AM
Rooms and interior
- Bedrooms:6
- Living area:5,560 sq. ft.
Heating and cooling
- Cooling:Central A/C, Heat Pump(s)
- Heating:Electric, Forced Air, Heat Pump(s)
Structure and exterior
- Year built:1936
- Building area:5,560 sq. ft.
- Lot Features:Corner
- Architectural Style:Federal, Traditional
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$242.81
- Tax amount:$7,007 (2024)
Features and amenities
- Amenities:Main Entrance Lock
Parking
- Parking description:On Street
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