718 Lamont St Nw, Washington, DC 20010

THE OPPORTUNITY 718 Lamont Street NW presents an exceptional opportunity to acquire a four-unit multifamily property in the heart of Columbia Heights. The building consists of: • Three (2) 2-Bedroom/1-Bathroom Units • One (1) 3-Bedroom/1-Bathroom Unit With three of the four units currently vacant, the property is well-suited for both owner-occupants seeking rental income from additional units and investors aiming to reposition the asset for long-term value creation. The mix of unit layouts provides flexible leasing potential and broad tenant appeal in one of DC’s strongest rental submarkets. RENT CONTROL EXEMPT For first-time buyers of multifamily property in Washington, DC, ownership of 718 Lamont Street NW would be exempt from rent control under DC law (for owners of four units or fewer). This unique exemption provides flexibility in ownership strategy, greater rent growth potential compared to larger regulated multifamily assets, and an ideal entry point into the DC … read more …