26 P St Ne

The Opportunity 26 P Street NE is a four-unit multifamily property with a unit mix of three two-bedroom units and one three-bedroom penthouse unit. Situated in the highly desirable NoMa neighborhood, the area is known for its vibrant, urban lifestyle with close proximity to key employers, restaurants, and retail hubs. With a Walk Score of 94, it’s perfect for residents who enjoy city living and easy access to transportation and caters to a variety of different tenant mixes. Recently Renovated Units All four units have been recently renovated, offering modern finishes and features that appeal to today's renters. The updates include: • Updated flooring and cabinetry; • Stainless steel appliances and granite countertops in kitchens; • Renovated bathrooms with high-end fixtures; • Energy-efficient lighting and updated HVAC systems, reducing utility costs for tenants. Advantageous Unit Mix The property consists of three two-bedroom units and one spacious three-bedroom unit, making it attractive to a diverse tenant base. The larger floorplans offer flexibility, catering to families, professionals, and shared living situations, all while commanding competitive rental rates in the growing NoMa submarket. Sustained Renter Demand The NoMa submarket has consistently experienced high renter demand due to its prime location, major redevelopment projects, and proximity to the Union Market District. The area continues to see a steady influx of young professionals and families, ensuring low vacancy rates and a stable tenant pool. Excellent Transit Accessibility 26 P Street NE offers outstanding access to public transportation, making it an ideal location for commuters and city dwellers. Key transit options include: • Metro: NoMa-Gallaudet U Metro Station (Red Line) – 0.5 miles away • Bus Lines: Nearby routes include the D4, D8, 80, and P6, offering connections across the city • Train: Union Station, one of DC's primary transportation hubs, is only 1 mile away, offering Amtrak and MARC train services for regional travel • Capital Bikeshare: Multiple stations nearby, providing an easy biking alternative to get around the city