The Excellence of living in Wrapche

Traditional

2011 16TH STREET SE

WASHINGTON , DC 20020

MLS#: DCDC2233150

$889,000

Status: Active
Listing number: DCDC2233150
Listing provided by: Fairfax Realty Premier
Listing agent phone: None
Last update: 2 months ago
On site: 2 months ago
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Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1936

Sq.Footage

3,416

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.

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3416.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Central, Forced Air, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stone, Vinyl Siding, Brick

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.09

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $889,000

  • Tax Amount

    $5,576

  • Sq. Footage

    3, 416

  • Price/SqFt

    $260

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

  • Tax Lot

    0808

  • Water Source

    Public

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Location

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Listing Courtesy of Amit Magdieli , Fairfax Realty Premier

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Agent Kornelije Josić

The Boss

Kornelije Josić

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(607) 323-3248

kornelije.josic@init.hr


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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.

2011 16TH STREET SE

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