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Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $212
Subdivision Randle Heights
MLS Listing ID DCDC2151244
Sold Date 10/17/24
Style Traditional
Abv Grd Liv Area 2,800
Originating Board BRIGHT
Year Built 1941
Annual Tax Amount $4,182
Tax Year 2023
Lot Size 7,513 Sqft
Acres 0.17
Property Description
Multi-family investment opportunity in prime location. This 4 -unit is vacant with 2 beds/1 bath in each unit. Ready for a little TLC, start earning $1,800 - $2,000 each unit. Total Income potential $7K-$8K/month. Investors with a vision, zoned RA-1, which allows you to build an extra floor making this gem three levels, creating the potential to generate more rental income, up to $10K/month. Great location for tenants, property is within walking distance to Skyland Town Center, shops, restaurants and grocery stores. Randal Heights is know as a sought after location for investors.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Other
Heating Hot Water
Cooling None
Fireplace N
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5733//0003
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, FHA 203(b), Conventional, Seller Financing
Listing Terms Cash, FHA 203(b), Conventional, Seller Financing
Financing Cash,FHA 203(b),Conventional,Seller Financing
Special Listing Condition Standard
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Bought with Wedeb Ghile • Fairfax Realty Premier
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "