PRICE DROP! Value-add opportunity in Woodridge. TOPA has been cleared, ready to close. Seller may be able to assist with vacating the building. 2513 22nd St NE (2 units) and 2515 22nd St NE (4 units) are both being sold for a total price of $1,200,000.
All 6 units across both buildings are configured as one bedroom + den / one bath apartments but it is possible to add bedrooms in all units. The buildings have large unfinished basements that can be converted into living space. There is currently 1 vacant unit, the other 5 are occupied. In-place rents range between $750/month and $1,384/month. DCHA's rent reasonableness rent estimator tool has 3 bedrooms at $3,261/month. Pro forma annual rents on the high end are almost $235,000!
Units are in good condition but dated. Electric and gas are separately metered. The lot is large and deep, measuring 7,500 SF. Zoning for both parcels is R-1B. Contact us today with any questions!
Presented By: Keller Williams Capital Properties
Interior Features for 2515 22Nd Street NE
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2515 22Nd Street NE
AccessibilityNone
Architectural StyleTraditional
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyWASHINGTON
DirectionsBuilding is located near the intersection of Channing St NE and 22nd St NE, of Queens Chapel Rd NE
Garage Y/NNo
HeatingHot Water
Legal SubdivisionWoodridge
Lot Size Square Feet3750.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-03T13:21:53
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count4
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG210.53
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
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