Description
968 MOUNT OLIVET ROAD NE,
Washington,
DC
20002
968 Mount Olivet Rd NE is a prime investment opportunity in the Ivy City neighborhood of Washington, D.C. This three-unit multifamily building is situated on a 0.0300-acre parcel and is classified under Property Class Code 023. It offers three one-bedroom units with approximately 1,352 rentable square feet. The property's strategic location provides excellent accessibility. It is just one block from the Mt. Vermin Sq 7th StConvention Center Metro Station (Green/Line) and a short distance from NoMa-Gallaudet and the bustling retail areas around Union Station. This makes it highly attractive for tenants seeking convenience and connectivity. The Ivy City submarket is known for its desirability. With a median household income of $107,000 and a low vacancy rate of 3.33%, these factors, combined with the property's central location, strong occupancy, and potential for value-added improvements, make 968 Mount Olivet Rd NE a compelling investment in a thriving rental market.
This is an Active listing.
Broker Office Phone Number: 410-886-7342
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Listing By: Compass via Data Source: Bright MLS
Price History
| date | price | variance | type |
|---|
| 2/10/2025 | $629,999 | - | Listed |