Fully Renovated Four-Unit Investment Property at 4324 Halley Ter SE, Washington, DC 20032 This fully renovated four-unit property features four spacious two-bedroom, one-bathroom residences with modern finishes throughout, offering an attractive opportunity for investors and buyers exploring an owner-occupancy strategy. The property offers projected total rental income of approximately $8,500 per month or $102,000 annually, before operating expenses and subject to verification. Two units are designated for market-rate rental, one is income-restricted at 50% of Area Median Income (AMI), and one at 80% AMI. The income-restricted units are subject to applicable affordability covenants and compliance requirements. For buyers considering living in one residence and renting the others, the four-unit configuration offers potential flexibility, subject to existing leases, financing requirements, and affordability restrictions. Nearby Patterson Elementary School, access to Congress Heights Metro, and convenient routes to Downtown Washington add to the property's appeal. Contact the listing agent for current occupancy, unit-by-unit rent projections, renovation details, and affordability documentation.
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Listing Snapshot
Price
$635,000
Days On Site
10 Days
Bedrooms
8
Inside Area (SqFt)
2,540 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1943
MLS Number
DCDC2290278
Status
Active Under Contract
Property Tax
$4,720
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
3 days ago
Status changed to Active Under Contract
3 days ago
Listing updated with changes from the MLS
a week ago
Listing first seen on site
General Features
Acres
0.08
Foundation
Concrete Perimeter
Number Of Stories
2
Parking
None
Property Sub Type
Multi Family
Sewer
Septic TankPublic Sewer
Special Circumstances
Standard
SqFt Above
2540
SqFt Total
3175
Style
Traditional
Water Source
Public
Zoning
RA-1
Interior Features
Appliances
Electric Water Heater
Cooling
NoneElectric
Heating
ElectricForced Air
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of TTR Sotheby's International Realty
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