636 Girard Street Northeast
Fully Renovated 4-Unit Multifamily Property Near Catholic University & Trinity Washington University
Marketing description
Feldman Ruel is pleased to offer for sale 636 Girard Street NE, a fully renovated four-unit multifamily property located in the Brookland neighborhood of Northeast Washington, D.C. Originally constructed in 1936 and renovated between 2020 and 2021, the subject property consists of four one-bedroom/one-bathroom units with dens, totaling 8,870 gross square feet on a 4,163-square-foot, RF-1- zoned lot. The renovation included replacement of all major building systems including plumbing, electrical, HVAC, and in-unit water heaters, along with exterior improvements. A new roof and gutters were installed in 2025, resulting in a stabilized asset with limited near-term capital expenditure requirements. Each unit features central HVAC and separately metered electric service, reducing operational responsibilities. The subject property also benefits from a solar panel system that offsets utility costs and provides potential income through SRECs. 636 Girard Street NE can be delivered with at least one vacant unit, allowing for owner-occupancy with in-place income. The four-unit configuration enables FHA financing eligibility for qualified buyers. Purchasers may also qualify for an exemption from rent control under Washington, D.C.'s small-landlord provision. The combination of recent renovations, operational efficiencies, and flexible acquisition strategies positions the subject property as an attractive opportunity for both investors and owner-occupants.
Investment highlights
• Attractive Potential for Immediate Equity | Priced Below Comparable Sales
• Full-Gut Renovation Including New Roof Minimizing Near-Term CapEx
• Rental Upside | In-Place Rents are Below Market & Voucher Rents in the Area
• TOPA Exempt | Certainty & Speed of Execution Versus Alternative Investments
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