$781,000
$650,000
20.2%For more information regarding the value of a property, please contact us for a free consultation.
4,191 SqFt
SOLD DATE : 04/20/2022
Key Details
Sold Price $781,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,191 sqft
Price per Sqft $186
Subdivision Congress Heights
MLS Listing ID DCDC2033618
Sold Date 04/20/22
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $5,505
Tax Year 2021
Property Description
AUCTION! Perfect investment opportunity. We are selling 6 residential condominiums in the Congress
Heights and Fort Dupont Park neighborhoods. The sale includes five 2-Bedroom, 1-Bath Units
and one 1-Bedroom, 1-Bath Unit. The units are currently leased for between $963 and $1,350
per month with one vacancy. The projected gross income for 2022 is $89,664. The projects
were completely renovated in the 2007-2010 time frame when condo conversion took place.
See photos of the vacant unit which is a typical 2 bedroom unit. Portfolio sale only - these units will NOT be sold separately.
List price is suggested opening bid. Actual price TBD at AUCTION!
Location
State DC
County Washington
Zoning RES
Interior
Hot Water Electric
Heating Forced Air, Heat Pump(s)
Cooling Central A/C, Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Parking Type Other
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6164//2183
Ownership Condominium
Special Listing Condition Auction
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Bought with Sreedhar Maram • Maram Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "