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Marjorie Dick Stuart

  • Cell 240-731-8079
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1324 N North Capitol St Nw, WASHINGTON, DC – $27,500,000

  • $27.5M Price
  • 41,000 Sqft
  • .22 Acres
  • 32 DOM
  • $27.5M Price
  • 41,000 Sqft
  • .22 Acres
  • 32 DOM

1324 N North Capitol St Nw

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.

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Essential Information

  • MLS® #DCDC2202348
  • Price$27,500,000
  • Bathrooms0.00
  • Square Footage41,000
  • Acres0.22
  • Year Built2024
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address1324 N North Capitol St Nw
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20002

Interior

  • CoolingCentral A/C

Heating

Heat Pump(s), Energy Star Heating System, 90% Forced Air, Programmable Thermostat

Exterior

  • ExteriorBrick and Siding

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedJune 2nd, 2025
  • Days on Market32
  • ZoningMU-5A

Listing Details

  • OfficeCapital Residential Properties
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Listing information last updated on July 3rd, 2025 at 11:16am CDT.