Washington, DC 20020
$889,000
14 more
Presented By: Fairfax Realty Premier
Beds • 11
Beds • 11Home Details
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.
Presented By: Fairfax Realty Premier
Interior Features for
Bedrooms
Three Bedroom Units Count3
Other Interior Features
LivingAreaSourceEstimated
Avg. Heating Oil Per Month0.0
Basement (Y/N)No
Central Air Y/NYes
FlooringEngineered Wood, Laminate Plank
Furnished UnitsNone
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterNatural Gas, Electric
Laundry TypeNone
Total Stories2
General for
Acceptable FinancingCash, Conventional, Exchange, Negotiable, Other
AccessibilityNone
Architectural StyleTraditional
Association Recreation FeeN
Avg. Electric Per Month60.0
Avg. Gas Per Month0.0
Avg. Water Per Month350.0
Cap Rate7.50
CityWASHINGTON
Construction MaterialsConcrete, Copper Plumbing, CPVC/PVC, Stone, Vinyl Siding, Brick
Cool FuelElectric
CoolingCentral A/C, Window Unit(s)
CountyWASHINGTON
DirectionsSee GPS
DisclosuresAgent has Financial Interest
Garage Y/NNo
Gross Income89724.00
HeatingBaseboard - Electric, Central, Forced Air
Historic Y/NYes
Insurance Expense4000.00
Lease TypeNone
Living Area3416
Lot Size Square Feet3920.00
Lot Size UnitsSquare Feet
MaintenanceExpense8000.00
Net Operating Income66970.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased
NumberOfUnitsVacant4
One Bedroom Units Count
Operating Expense8000.00
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysLawn/Shrub Care, Repairs, Snow Removal, Trash Collection, Water
OwnershipFee Simple
PossessionImmediate, Settlement
Price Per Sq Ft Total AG260.25
Property ConditionVery Good
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofComposite
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Security FeaturesSecurity Gate, Window Grills
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount5576.0
Tax Assessed Value632260.0
Tax Lot0808
Tax Year2026
Total Actual Rent89724.00
Total Rooms19
Total SQFT3416
Trash Expense1290.00
Two Bedroom1
UtilitiesNatural Gas Available, Water Available, Sewer Available, Electric Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1936
Year Built SourceEstimated
ZoningAAA
Exterior for
Foundation DetailsConcrete Perimeter
Land Assessed Value178790.00
Lot Size Acres0.09
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUrban Land-Sassafras-Chillum
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
