2707 12TH ST NE, WASHINGTON,DC 20018

$750,000

2707 12TH ST NE, WASHINGTON, District Of Columbia 20018 - $750,000

0.02 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

We are pleased to offer for sale the 1,800 square-foot mixed-use property located at 2702 12th Street NE in the Brookland submarket of Washington, D.C. This MU-3 zoned commercial building comprises two spacious three-bedroom, one-bath residential units and a street-facing retail space on the ground floor. Each unit is separately metered, allowing for efficient utility management. Recent capital improvements include upgrades to the windows, electrical and plumbing systems, and the installation of central HVAC for both the retail space and the top-floor residential unit.

The property currently has a voucher tenant in one residential unit, while the second unit is vacant. There is immediate value-add potential with one vacant residential unit and a vacant retail space. The pro forma CAP rate is projected at 8.38 percent, making this an attractive opportunity for both seasoned investors and those seeking a stable urban asset. The availability of seller financing further reduces acquisition barriers, enhancing the property’s overall appeal.

Situated in the highly desirable and rapidly evolving Brookland neighborhood of Northeast D.C., the property is just steps from the commercial corridor along Rhode Island Avenue and minutes from the Brookland-CUA Metro Station. It is ideally positioned to benefit from neighborhood foot traffic and strong
connectivity to downtown Washington and the greater metropolitan area.

The Brookland neighborhood has undergone significant transformation over the past decade. Once known for its religious institutions and quiet residential character, Brookland has emerged as one of Northeast D.C.’s most sought-after enclaves, driven by new development, public investment, and an influx of young professionals attracted to its affordability, walkability, and strong sense of community. The nearby Monroe Street Market (0.09 miles away) has become a major destination, offering retail, art studios, dining, and year-round events that draw visitors from across the region.

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $750,000
Year Built : 1925
Lot : 0.02 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Forced air
: Central a/c

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
DC
WASHINGTON
WASHINGTON
BROOKLAND
20018
W77° 0' 35.5''
N38° 55' 29.1''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
2,352 Sq.Ft
: Mu-3
N
: Settlement, Immediate
Public Sewer,public Septic
: Public
$0
318.88
2024
5159

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 981-5923

    rick@virginiaestates.com







    There is no favorite listings!
    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Marcus & Millichap Real Estate represents the interest of the seller 2025363700 DCDC2206012. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.