121 E 2nd Street

This Historic Washington, 11-unit apartment building has been 100% leased for the past 3 years. Ideally located just two blocks from the Historic Waterfront and one block to Downtown Washington restaurants, attractions and shops. Walkable to all the great amenities the Historic Waterfront has to offer.

For those investors looking for both long-term and short-term investment opportunities, this is the property for you. Built in 1906, this Grand turn-of-the-century 2 story home was beautifully and completely renovated in 2016 to the current 7,720 SF apartment building. The property has seven 1-Bedroom apartment units, two 2 Bedroom apartments, 2 studio apartments, foyer with grand chandelier, 2 common areas, laundry room and storage area.

The building is handicapped accessible (parking and ramp) and fully sprinklered. Locked front and rear entrances for the safety of our tenants. Wrap around front porch with rocking chairs, swings and tables to enjoy the lovely Washington breeze and relax.

One of the units is fully furnished for mid-term renters (3-6 months) that tend to be travel nurses and professionals. The other leases are long-term annual leases, but this convenient location lends itself to short term, mid-term, and long-term leases. Several tenants have lived in the building for over 4 years.

For access to Due Diligence documents, click here.