Bought with Deresse Harris • EXP Realty, LLC
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Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,022 sqft
Price per Sqft $159
Subdivision Ft Dupont Park
MLS Listing ID DCDC2147756
Sold Date 03/24/25
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $5,132
Tax Year 2024
Lot Size 1,930 Sqft
Acres 0.04
Property Sub-Type Five Or More Units
Property Description
***Significant Price Improvement***This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Don't miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country.
Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now.
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Location
State DC
County Washington
Zoning R-3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Other
Flooring Hardwood
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5426//0008
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private, Bank Portfolio
Listing Terms Cash, Private, Bank Portfolio
Financing Cash,Private,Bank Portfolio
Special Listing Condition Standard
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