Multifamily
311 A Street NE
311 A St NE, Washington, DC 20002
Listing Price: $2,195,000
Investment Overview
Marcus & Millichap is pleased to present 311 A Street NE, a four-unit boutique investment opportunity comprising three residences within the main building and a separate carriage house. Located in the heart of Capitol Hill, one of Washington, DC’s most prestigious and supply-constrained neighborhoods, the offering represents a rare opportunity to acquire a fully furnished asset with a proven corporate-housing model generating premium rental income. The Property is ideally positioned just off East Capitol Street, steps from the U.S. Capitol, Supreme Court, Library of Congress, and Eastern Market, placing it at the center of one of the most demand-driven rental markets in the city. With a diversified mix of studio, one-bedroom, and two-bedroom residences, 311 A Street appeals to a broad base of government, legal, consulting, and internship tenants. The asset combines an irreplaceable location, established furnished-rental operations, and multiple execution strategies, including continued short- to mid-term rentals or conversion to traditional multifamily use. 311 A Street presents a unique opportunity to acquire a turnkey investment property offering immediate income, operational flexibility, and long-term appreciation potential in a blue-chip location.
Investment Highlights
- Irreplaceable Capitol Hill location steps from U.S. Capitol & Supreme Court
- TOPA-free structure provides enhanced execution certainty
- Diversified unit mix appeals to a broad tenant base
- Turnkey, fully furnished asset with immediate income continuity
- Premium ADR-driven income significantly outpaces traditional rents
- Proven corporate-housing model with established demand
- Main building and separate carriage house provide distinctive appeal
- Multiple leasing strategies provide flexibility and risk mitigation
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic
Listing Price: $2,195,000
Investment Highlights
- Irreplaceable Capitol Hill location steps from U.S. Capitol & Supreme Court
- TOPA-free structure provides enhanced execution certainty
- Diversified unit mix appeals to a broad tenant base
- Turnkey, fully furnished asset with immediate income continuity
- Premium ADR-driven income significantly outpaces traditional rents
- Proven corporate-housing model with established demand
- Main building and separate carriage house provide distinctive appeal
- Multiple leasing strategies provide flexibility and risk mitigation
Investment Overview
Marcus & Millichap is pleased to present 311 A Street NE, a four-unit boutique investment opportunity comprising three residences within the main building and a separate carriage house. Located in the heart of Capitol Hill, one of Washington, DC’s most prestigious and supply-constrained neighborhoods, the offering represents a rare opportunity to acquire a fully furnished asset with a proven corporate-housing model generating premium rental income. The Property is ideally positioned just off East Capitol Street, steps from the U.S. Capitol, Supreme Court, Library of Congress, and Eastern Market, placing it at the center of one of the most demand-driven rental markets in the city. With a diversified mix of studio, one-bedroom, and two-bedroom residences, 311 A Street appeals to a broad base of government, legal, consulting, and internship tenants. The asset combines an irreplaceable location, established furnished-rental operations, and multiple execution strategies, including continued short- to mid-term rentals or conversion to traditional multifamily use. 311 A Street presents a unique opportunity to acquire a turnkey investment property offering immediate income, operational flexibility, and long-term appreciation potential in a blue-chip location.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director, Market Leader- Mid-Atlantic