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$775,000
Est. payment /mo
3,492 SqFt
UPDATED:
12/06/2024 07:04 AM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,492 sqft
Price per Sqft $221
Subdivision Randle Heights
MLS Listing ID DCDC2134526
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $4,914
Tax Year 2024
Lot Size 5,346 Sqft
Acres 0.12
Property Description
Motivated seller! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Only unit 3 is occupied ($1,200/mo), the others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $97,000!
Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5725//0007
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Stefan Rosu • Keller Williams Capital Properties