$3,700,000
$4,000,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
25,000 SqFt
SOLD DATE : 08/23/2024
Key Details
Sold Price $3,700,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 25,000 sqft
Price per Sqft $148
MLS Listing ID DCDC2117874
Sold Date 08/23/24
Originating Board BRIGHT
Year Built 1943
Annual Tax Amount $2,415
Tax Year 2022
Lot Size 4,981 Sqft
Acres 0.11
Property Description
We are pleased to present this opportunity to own a 41 Unit Multifamily property in Southeast, Washington, DC.
This 41 Unit Multifamily property in Southeast, Washington, DC is a fantastic investment opportunity. Situated on a spacious lot, the property comprises five buildings, each housing eight 1 bedroom/1 bath units.
What sets this property apart is the potential for expansion. The cellar level offers the possibility to add approximately 20 additional one bedroom units or 10 two bedroom units, providing even greater income potential.
The current owner built and managed this property, ensuring its excellent condition and attractive appeal.
Located in a sought-after neighborhood in Southeast, Washington, DC, this property benefits from its proximity to various amenities such as shops, restaurants, and public transportation options.
Don't miss out on this exceptional investment opportunity. Contact us today for more information and to arrange a viewing.
Location
State DC
County Washington
Zoning RA- 1
Interior
Hot Water Natural Gas
Heating Radiant
Cooling Window Unit(s)
Flooring Hardwood
Heat Source Natural Gas
Exterior
Utilities Available Natural Gas Available, Sewer Available, Water Available, Electric Available
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6203//0036
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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