120 Taussig Pl Ne, Washington, DC 20011

$1,000,000
5
BD
5
BA
2,160
SqFt

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List Price
$1,000,000
Status
ACTIVE
Days on Market
14
MLS#
DCDC2286764
Subtype
Residential
Style
Traditional
Year Built
1951
Bedrooms
5
Bathrooms
5
Full Baths
3
Half Baths
2
Living Area
2,160
Lot Size
2,050
Acres
0.05
Subdivision
Brookland

Property Description

Exceptional multifamily investment opportunity in the Brookland neighborhood of Northeast Washington, DC, at 120 Taussig Street, offering the ideal combination of quality renovations, established rental income, and future upside. This well-maintained two-unit building features a spacious three-bedroom, two-and-a-half-bath residence and a comfortable two-bedroom, one-and-a-half-bath residence. One unit is currently leased for $4,500 per month, providing established rental income of $54,000 annually, while the second unit offers additional income potential with a projected rent of $2,000 per month. If fully leased at the stated rental rates, the property has the potential to generate $6,500 per month, or $78,000 annually. The interiors have been thoughtfully updated with quality finishes, modern kitchens, well-appointed bathrooms, attractive flooring, and improvements throughout. Each residence offers a polished, functional living environment designed to appeal to quality tenants while providing an attractive investment opportunity for the owner. The combination of a strong existing lease, a second unit available for lease-up, and meaningful future income potential creates an exceptional opportunity for both seasoned investors and those seeking to enter the Brookland multifamily market. With one income-producing residence already generating reliable rental revenue and the second unit offering immediate upside, 120 Taussig Street presents the opportunity to acquire a well-positioned multifamily asset with both current cash-flow potential and long-term investment appeal. A compelling property for investors seeking quality, functionality, and multiple avenues for future value creation.

Additional Information

Taxes
$7,295
Property Description
Traditional
Zoning
RESIDENTIAL
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Stove, Stainless Steel Appliance(s), Washer
Heating
Forced Air
Air Conditioning
Central Air
Levels
Three Or More
Foundation
Other
School District
District Of Columbia Public Schools

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Listing courtesy of Redfin Corporation. Contact: