About This Home
This 0-bedroom, 0-bathroom residential multi family at 2241 40TH Place NW in Washington, DC is listed for $1,797,000 ($493 per sqft). Built in 1933, the home offers 3,648 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1933
- 0.12 acre lot
Property Details
Amenities
Prime Glover Park fourplex offering a rare combination of turnkey income, longterm stability, and future redevelopment potential in one of Northwest DC's most desirable residential corridors. This fully updated 4unit building features four spacious 1bedroom residences, each modernized with renovated kitchens, refreshed baths, hardwood floors, upgraded systems, and efficient layouts that maximize rentability.
The property has been exceptionally maintained, delivering investors a lowmaintenance asset from day one. Situated on a 5,274 sq ft corner lot, the site offers excellent longterm upside for buyers exploring expansion, reconfiguration, or redevelopment under favorable zoning characteristics (buyer to verify).
Strong rental demand, walkability, and proximity to Wisconsin Ave, Stoddert Elementary, parks, retail, and transit make this an ideal hold for both seasoned investors and owneroccupants seeking income support. A rare opportunity to secure a stabilized, wellkept multifamily asset in a supplyconstrained neighborhood with meaningful future potential. Sale is subject to a 1031 Tax Exchange.
Monthly Cost Estimate
$9,611/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2241 40TH Place NW
Washington, DC 20007
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2241 40TH Place NW is listed at $1,797,000 ($493/sqft). The estimated monthly payment is $9,611 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1933, 0.12 acre lot.
This property is listed by Ricardo S Bolanos and can be reached at 7037501450.
