About This Home
This 0-bedroom, 0-bathroom multi-family at 2011 SE 16TH Street SE in Washington, DC is listed for $799,000 ($234 per sqft). Built in 1936, the home offers 3,416 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1936
- 0.09 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2011 SE 16TH Street SE
Washington, DC 20020
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2011 SE 16TH Street SE is listed at $799,000 ($234/sqft). The estimated monthly payment is $4,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1936, 0.09 acre lot.
This property is listed by Amit Magdieli and can be reached at (703) 533-8660.
