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Key Details
Sold Price $1,129,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,134 sqft
Price per Sqft $273
MLS Listing ID DCDC2169808
Sold Date 01/09/25
Style Other
Abv Grd Liv Area 4,134
Originating Board BRIGHT
Year Built 1927
Annual Tax Amount $9,633
Tax Year 2023
Lot Size 2,826 Sqft
Acres 0.06
Property Description
ATTENTION INVESTORS!!!! Here is your opportunity to invest in the path of development with an established and secure rent base in prime DC location. This four unit apartment building represents an opportunity to create meaningful cash flow or live in one unit and rent the others to build financial wealth. Unit 1 - one bedroom rented for $1,550/month. Unit 2 -two bedroom rented for $1,887. Unit 3- Two bedrooms (vacant) previously rented for $2,300/month. unit 4- two bedroom rented for $2,150/month. Total projected annual revenue of $94,644 with plenty of upside on rents, parking and laundry fees and value add opportunity. All units are individually metered and have their own water heater and hvac systems. 4 unit not subject to rent control if you don't own other DC properties.
Location
State DC
County Washington
Zoning R18
Rooms
Basement Outside Entrance, Walkout Level
Interior
Interior Features Window Treatments
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking On Site 2
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2884//0142
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Cassidy R Burns • EXP Realty, LLC
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