1911 8Th Street NW

Price Reduced & Closing Cost Credits Offered - Motivated Seller will pay 2.5% towards your fees. Don't miss this opportunity! Buy this investment property with little money down. House Hack: Live in one unit and rent the other! It's possible here with just a 3.5% downpayment with an FHA loan. This beautiful Victorian 2-unit building is situated in DCs bustling Shaw neighborhood and just 2 blocks from the U Street Metro, 3 blocks to the 9:30 club and all that the U Street Corridor, and nearby Howard University have to offer. Residents love the convenience and the central location, making it an excellent long term and stable investment. 1911 8th Street, NW is 2 doors away from a new construction mid-rise development with ground level retail and luxury apartments. Strong NOI on day one, good condition, in a central location. With a 99 Walk Score and located just two blocks from the U Street Metro, this asset is a cornerstone for any serious DC portfolio. This is a fantastic opportunity for an owner occupant investor, with a minimal cash down payment, to buy this building. Live in one unit and rent the other. This brings instant equity and low interest rate financing ideal for building a real estate investment portfolio. Live in it for a while, then move out and rent the second unit. This is the way to get into real estate investing. The property features two spacious apartments (a 2BR/1BA and a 3BR/1BA) with three separate electric meters, premium finishes: solid oak hardwoods, granite countertops, stainless steel appliances, and updated systems. Beyond the aesthetics, the true value lies in the stabilized income stream. Occupied by long-term tenants, the building commands a strong NOI, reliably and insulated from market volatility. Flexibility is a key feature here; currently configured as individual condominiums, it is possible to convert the property back to a single taxable unit to suit the specific investment strategy. Whether looking for a turnkey "buy and hold" or a strategic asset in one of the Washington DCs most resilient corridors, this building delivers the perfect blend of updated systems and a prime location. Live in one an rent the other "House Hack" is possible here with a 3.5% downpayment FHA loan. Seller is motivated and interested in reviewing offers.