3162 BUENA VISTA TER SE new to site

Washington,DC 20020

$ 1100000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2185394

Style Other

Originating Board BRIGHT

Year Built 1944

Annual Tax Amount $6,599

Tax Year 2024

Lot Size 7,778 Sqft

Acres 0.18

Property Sub-Type Detached

Property Description

Discover an exceptional value-add opportunity with this 6-unit multifamily property in Randle Heights/Garfield Heights. Boasting a mix of occupied and vacant units, Each unit features 3 bed 1 bath apartments. this asset offers immediate income generation with the potential to increase rents through a voucher program well over $2300 per unit.

With a current gross monthly rent of $6,109 and two vacant units ready for leasing, investors have the flexibility to optimize cash flow. Monthly operating expenses remain low, enhancing the property's overall return potential. Conveniently located near public transportation, major commuter routes, and key amenities, this property is ideal for investors looking for a 1031 Exchange or looking to expand their portfolio.

Don't miss this chance to secure a high-performing asset in a thriving rental market! Contact us today for financials and to schedule a showing.

Location

State DC

County Washington

Zoning 021

Interior

Hot Water Other

Heating Radiator

Cooling None

Flooring Wood

Fireplace N

Heat Source Geo-thermal

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5722//0054

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Bank Portfolio,Private,Other

Listing Terms Cash,Bank Portfolio,Private,Other

Financing Cash,Bank Portfolio,Private,Other

Special Listing Condition Standard

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