4920 Nash Street NE, Washington, DC 20019
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
Open to All Offers. PRO-FORMA 8% CAP RATE. TWO 3-BEDROOM & TWO 4-BEDROOM UNITS.
THE OPPORTUNITY: 4920 Nash Street NE presents a rare chance to acquire a four-unit apartment building in the rapidly developing Deanwood neighborhood of Washington, D.C. The property features two 3-bedroom units, two 4-bedroom units, and one current vacancy.
DIVERSE UNIT MIX: With spacious average unit sizes of approximately 900 SF, the mix of three and four-bedroom apartments appeals to a wide tenant base. This diversity supports consistent occupancy, strong rental demand, and long-term income growth.
SIGNIFICANT CAPITAL IMPROVEMENTS: All units, along with the building’s windows and mechanical systems, underwent full renovations in 2018. In addition, solar panels were installed within the last 5 months, providing long-term efficiency and value.
PRIME LOCATION WITH EXCELLENT CONNECTIVITY: Just a six-minute walk from Deanwood Metro Station and steps from Eastern Avenue, the property offers convenient acces3s to major bus routes and commuter corridors. The new Deanwood Community Center - only a five-minute walk away - further enhances tenant lifestyle appeal and neighborhood value.
BUILD EQUITY AT A DISCOUNT: With a variety of loan products available, new ownership can build equity at a discount compared to renting locally. Buyers can utilize 96.5% FHA financing to minimize cash-to-close and reduce monthly debt service. Principal and interest payments can be offset with rental income.
SOLAR INCOME: The recently installed 25.83kW solar panel adds meaningful value, generating up to $9,000 annually in Solar Renewable Energy Credits (SRECs) while reducing utility expenses.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Lot size (acres)
- 0.25
- Year built
- 1944
Exterior features
- Pool
- Yes
Utilities
- Heating
- Natural gas, Radiant
- Cooling
- Window unit(s), Gas
- Sewer
- Other
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $5,269
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: DCDC2220410 Last checked: …

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