2331 GREEN ST SE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20020
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,888 sqft
Price per Sqft $223
Subdivision Anacostia
MLS Listing ID DCDC2163674
Style Colonial
Abv Grd Liv Area 2,888
Originating Board BRIGHT
Year Built 1942
Annual Tax Amount $1,015
Tax Year 2024
Lot Size 6,400 Sqft
Acres 0.15
Property Description
***Significant Price Improvement ***Discover the ultimate opportunity for first-time investors with this rare 4-unit apartment building in historic Anacostia, Washington, DC! This fully vacant property allows you to bypass the Challenges of TOPA and move in immediately, maximizing your investment potential from day one. Here’s the best part: with residential financing options, you can secure this multifamily asset with little to no down payment, enjoying the benefit of tenants from three other units covering your mortgage and then some!
Each unit is separately metered with independent hot water heater and heating, and all proper DC rental licenses are in place. Situated on a large lot with a spacious backyard and ample off-street parking, the property even offers expansion potential. Just steps from The Gateway at MLK, the historic Frederick Douglass mansion, and the upcoming 11th Street Bridge development, this location is booming with growth. Real estate investments east of the Anacostia River hold strong cash-flow potential, and with multifamily financing, you can qualify for a higher loan amount based on rental income. Don't let this prime opportunity pass by
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Inclusions all installed systems and appliances for all 4 units , shed in back yard and any remaining items in property.
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Water Access N
Accessibility None
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5753//0084
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard