Bought with Adetoun Olunlade • Samson Properties
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Key Details
Sold Price $689,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $271
MLS Listing ID DCDC2110392
Sold Date 05/24/24
Style Back-to-Back
Abv Grd Liv Area 2,540
Year Built 1943
Annual Tax Amount $3,217
Tax Year 2022
Lot Size 3,260 Sqft
Acres 0.07
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Awesome opportunity to own a multi-family income producing property in the Nation's Capital! This property has plenty of space for expansion. This building has a full unfinished basement for future development for additional apartments. The current one bedroom units could be developed into two bedroom units. With the proper development of this building, the return on your investment would be awesome and the income would be incredible. This separate metered (gas and electric only are separate metered) 4-unit building has been well maintained. Currently , there are 3 vacant units. Options are endless! You can live in one unit and rent the other units to greatly assist with paying the mortgage.
Additionally, you could develop this property to its full potential. This property is centrally located minuets away from plenty of shopping areas, National Harbor, MGM, Gaylord Resort, Parks, Bolling Air force and Andrews Air Force Base and much much more! Awesome, Awesome, Awesome! Pending release of Contract.
Location
State DC
County Washington
Zoning RESIDENTIAL
Rooms
Basement Full, Front Entrance
Interior
Interior Features Combination Dining/Living, Carpet
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Ceramic Tile
Equipment Disposal, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator
Fireplace N
Window Features Double Hung,Insulated
Appliance Disposal, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Phone Available, Phone, Cable TV, Other, Water Available, Sewer Available
Water Access N
Roof Type Built-Up,Flat
Street Surface Paved
Accessibility None
Road Frontage Public
Garage N
Building
Foundation Brick/Mortar, Block, Other
Above Ground Finished SqFt 2540
Sewer Public Sewer
Water Public
Architectural Style Back-to-Back
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Other
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6214//0023
Ownership Fee Simple
SqFt Source 2540
Security Features Smoke Detector,Main Entrance Lock
Acceptable Financing Cash, FHA, Conventional, VA, Other
Listing Terms Cash, FHA, Conventional, VA, Other
Financing Cash,FHA,Conventional,VA,Other
Special Listing Condition Standard
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Floretta Davis
Team Leader | License ID: 0225265926
Team Leader License ID: 0225265926