1. District of Columbia
2. Washington
3. 1324 N NORTH CAPITOL STREET

1324 N NORTH CAPITOL STREET, Washington, DC 20002

Property Description

1324 North Capitol Street NW is a newly constructed 67-unit luxury multi-family building (completed in 2024) currently operating as a fully furnished, high-performing short-term rental under the “Reside, a Wyndham Residence” brand. The property is Zoned MU-5A and can be transferred as a fully stabilized asset or vacant. TOPA does not apply. This asset offers maximum optionality in terms of future use including continued hospitality use under Wyndham (or other Short-Term Rental operator), a traditional multi-family property, a corporate housing asset (includes all FF&E) or converted and sold as luxury condominiums. The property conveys turnkey with condo-level finishes, fully furnished units (FF&E included) and rental revenue, all of which provide a built-in cash flow. This asset is ideal for a family office investment, institutional buyers, 1031 exchange investors, and foreign capital seeking proven results in a Washington DC location, flexibility of use, and long-term upside.

Listing Status:

Active

Date Added:

June 2, 2025 at 05:00AM

Listing Office:

Capital Residential Properties : 2027772000

Listing Agent:

Natalie E Hasny : 2023098530

MLS ID:

DCDC2202348

Interior

• A/C: Central A/C
• Heating: Y90% Forced AirEnergy Star Heating SystemHeat Pump(s)Programmable ThermostatElectric
• Disability Feature: Elevator

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Natalie E Hasny, Capital Residential Properties