Movoto Real Estate
  • Other
  • Kitchen
  • Living
  • Bedroom
  • Bath

Undisclosed, Washington, DC 20024

$2,300,000
  • bed

  • bath

  • 3,131

    Sqft ($735/Sqft)

Multi-family for sale 25 hours

About Undisclosed

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 2,725 Sqft
Rental estimate
Property description
Exceptional, separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term appreciation in one of DC’s most exciting neighborhoods. It also works for an owners-unit with 3-additional income producing units. The property includes four spacious 4-bedroom, 2 bath units, each with separate HVAC, hot water heaters, and electric meters, making management simple and efficient. The numbers speak for themselves. The building is 100% occupied by Section 8 tenants, providing dependable, guaranteed rental income. Located just two blocks from Nationals Park and The Wharf, you’re surrounded by new development, dining, entertainment, and major city attractions. Don’t miss this chance to own a high performing property in a rapidly growing area.
Listed by
Listing Agent - Samuel R Davis
Listing Office - Long & Foster Real Estate, Inc.
Source: Bright MLS mls logo
MLS#DCDC2284652 • last updated 1 day ago
Movoto checked Bright MLS for data 1 hour ago
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Overview
Cooling/AC None, Electric
Heating Electric
Levels/Style Federal
Type Multi-Family
SubType Quadruplex
Status Active
SqFt 3131
Lot Size (SqFt) 2725
Lot Size (Acres) 0.06
County Tax 0, Annually
City/ Town Tax 7298
Tax: Assessed Value 871810
Annual Property Tax 7298
Year Built 1948
Condition Excellent
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Total # of Rooms 20
Appliances Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan
Walls/ Ceilings Dry Wall
Accessibility Features None
Exterior
Roof Built-Up
Construction Brick
Foundation Block
Parking Desc Concrete Driveway, Off Street
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
View City
Subdivision SOUTHWEST WATERFRONT
Water Source Public
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Directions From The Corner Of South Capitol Street And M Street... South On South Capitol Street. Right On O Street. After Going 2 Blocks, Property Is On The Left.
Zoning RF1
Multifamily Details
# 3-Bedroom Units 4
# Units Furnished None
Vacancy Allowance Rate 5
Gross Income 223000
Net Operating Income 156000
Operating Expense 67000
Cap Rate 6.8
Gross Scheduled Income 223000
Lot/ Land Details
Soil Types Urban Land-Sassafras-Chillum
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Dining
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  • Real Estate
  • DC
  • District Of Columbia County
  • Washington
  • 20024
  • Southwest - Waterfront
  • Undisclosed

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