Brightwood is an excellent option for those looking to invest in real estate in Washington DC. This neighborhood, located along Georgia Avenue, offers a unique blend of old and new, with historic sites such as Fort Stevens and a variety of housing styles, including Art Deco, Tudor and colonial. Columbia Heights is another popular choice for property buyers, with a wide range of housing options from townhouses to condominiums. The Curbed DC team reports that the highest rental returns can be found in the southeastern neighborhoods of Shipley Terrace, Anacostia and Barry Farms.
Benning Ridge is an ideal area for investing in rental properties, with plenty of duplexes and condos. Southwest Waterfront is a beautiful area south of the city center with lots of waterfront activities and stunning views. Grant McDonald, Vice President of Corporate Development at 14th Street Capital, has more than three decades of experience in the real estate industry and over a decade in the real estate finance sector. He believes that investors can still make considerable amounts of money by investing in up-and-coming neighborhoods in the city.
The Route 7 corridor is one of the country's fastest-growing real estate markets. The high cost of living in DC makes it an attractive option for investors with deep pockets, but it's important to be aware that Washington, DC is consistently ranked as one of the most popular markets in the country and also ranks high when it comes to average rent. Developers have recently invested heavily in revitalizing the area, which was mainly composed of single-family homes built in the 19th century. If you're looking for the best areas in Washington, DC for investment properties, here are some top picks: Brightwood, Columbia Heights, Shipley Terrace, Anacostia, Barry Farms, Benning Ridge and Southwest Waterfront.
Subscribe now and unlock all the tools you need to increase your sales, generate leads, and understand real estate digital marketing.
