2,540 SqFt
2,540 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $250
MLS Listing ID DCDC2288062
Style Traditional
Abv Grd Liv Area 2,540
Year Built 1943
Annual Tax Amount $2,588
Tax Year 2026
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Detached
Source BRIGHT
Property Description
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.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 2540
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6214//0017
Ownership Fee Simple
SqFt Source 2540
Special Listing Condition Standard
Nearby Locations
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