1616 Isherwood Street Ne Washington, DC 20002

$1,200,000
0.08
Acres
3,202
SQFT
375
$/SQFT
$1,200,000
3,202   sf
$375 / sf
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active
1/29
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BACK ON THE MARKET, Buyer got cold feet. Located in Kingman Park, one of Northeast DC's most consistently appreciating neighborhoods, 1616 Isherwood Street NE is a four-unit multifamily property offering a rare combination of immediate income, repositioning upside, and long-term location premium.The property currently has one Section 8 / HCV-subsidized unit generating guaranteed rental income, providing a stable income floor while three vacant units present a significant lease-up opportunity for the right investor. All units have been updated to current code standards.Positioned just minutes from Capitol Hill, the H Street Corridor, and the future RFK Stadium redevelopment site — a transformative mixed-use project projected to activate hundreds of acres along the Anacostia waterfront by 2030 — the property sits at the intersection of established neighborhood demand and catalytic long-term growth. Investors who moved early on H Street and NoMa know what proximity to a project of this scale means for appreciation curves.The building occupies a quiet residential block with convenient access to dining, retail, parks, and transit, making it naturally appealing to the professional renter profile this submarket consistently attracts.Select units virtually staged. Rent roll available upon request.An income-producing asset with room to run — in a corridor where the trajectory is already written.

BACK ON THE MARKET, Buyer got cold feet. Located in Kingman Park, one of Northeast DC's most consistently appreciating neighborhoods, 1616 Isherwood Street NE is a four-unit multifamily property offering a rare combination of immediate income, repositioning upside, and long-term location premium.The property currently has one Section 8 / HCV-subsidized unit generating guaranteed rental income, providing a stable income floor while three vacant units present a significant lease-up opportunity for the right investor. All units have been updated to current code standards.Positioned just minutes from Capitol Hill, the H Street Corridor, and the future RFK Stadium redevelopment site — a transformative mixed-use project projected to activate hundreds of acres along the Anacostia waterfront by 2030 — the property sits at the intersection of established neighborhood demand and catalytic long-term growth. Investors who moved early on H Street and NoMa know what proximity to a project of this scale means for appreciation curves.The building occupies a quiet residential block with convenient access to dining, retail, parks, and transit, making it naturally appealing to the professional renter profile this submarket consistently attracts.Select units virtually staged. Rent roll available upon request.An income-producing asset with room to run — in a corridor where the trajectory is already written.

  • Neighborhood
  • Type
  • County
    Washington
  • Tax Amount
    $9,516
  • Status
    Active
  • Listing #
    DCDC2249580
  • Built
    1932
  • Lot Size
    0.08
  • Listed on site
    168 days
  • Listing Agent Id
    121137253874
  • Co Listing Agent Id
    121137324953

Listed by:
Real Broker, LLC

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • Colonial
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