Incredible investment opportunity awaits in Historic Anacostia. This Fully Vacant, No TOPA, four-unit property featuring three 3BR units, and one 2BR unit have been completely renovated and turn-key ready for tenants or owners to move right in. When fully rented gross rents were $89,000/yr providing an eye-popping 8% CAP rate. A true cash-cow for the savvy investor, or owner occupant - landlord investor. Each unit features an updated kitchen, finished wood or composite wood floors, one unit has central air/heat, upgraded windows, and much more. This stand alone building on a deep 3,800 sq. ft. lot has opportunities for an investor to grow the property for even greater return. Situated in an Opportunity Zone (OZ) a few close blocks to the heart of downtown Anacostia, near multiple bus lines, retail, and commercial, amongst booming neighborhood development will provide constant appreciation for years to come. Owner is listing agent. Four unit C of O transferrable at sale.
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Listing Snapshot
Price
$799,000
Days On Site
2 Days
Bedrooms
11
Inside Area (SqFt)
3,416 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.09 Acres
Year Built
1936
MLS® Number
DCDC2282204
Status
Active
Property Tax
$5,374
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Invite
Recent Activity
3 days ago
Listing first seen on site
3 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.09
Foundation
BlockConcrete Perimeter
Number Of Stories
2
Parking
On Street
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
3416
SqFt Total
3416
Style
Unit/Flat
Utilities
Natural Gas AvailableWater AvailableElectricity Available
