2,882 Sqft Lot
2,882 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2229050
Year Built 1951
Available Date 2025-10-29
Annual Tax Amount $4,325
Tax Year 2025
Lot Size 2,882 Sqft
Acres 0.07
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Fully detached 6-unit multifamily building in Southeast DC, offering a rare RA-2 zoning designation that provides strong redevelopment and expansion potential. Each unit is currently configured as a 1-bedroom, 1-bath, with the option to convert units into 2-bedrooms to maximize rental income.
An ideal value-add project for seasoned investors or developers, this property presents substantial upside. The pro forma gross annual rent after stabilization is estimated at $140,400 (based on $1,950 per unit monthly), offering an attractive return once improvements are completed.
Centrally located near Anacostia Park, MLK Gateway, and major commuter routes, this location continues to benefit from surrounding neighborhood growth and infrastructure investment.
Property sold strictly AS-IS. ALL UNITS ARE VACANT
Location
State DC
County Washington
Zoning RA-2
Interior
Hot Water Electric
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5612//0063
Ownership Fee Simple
Acceptable Financing Bank Portfolio, Cash, Exchange, Joint Venture, Private, Variable
Listing Terms Bank Portfolio, Cash, Exchange, Joint Venture, Private, Variable
Financing Bank Portfolio,Cash,Exchange,Joint Venture,Private,Variable
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "