Active

2331 Green St SE

Washington DC, 20020

$645,233


$223.42 per sqft

Active

8 Beds

2,888 sqft

Multi-family

Built in 1942

***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

DCDC2163674

MLS ID

October 25, 2024

Listed

December 6, 2024

Updated

Map

2331 Green St SE
Washington DC, 20020

Interior Features

Bedrooms

8


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.15 Acres


Architectual Style

Colonial


Sewer

Public Sewer

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes

$1,015


Tax Frequency

Annually


Days on Market

43


Garage

No


Parking

Asphalt, Off Street


Parking Total

8


View

No


County

WASHINGTON


Water Source

Public


Pool

No


Zoning

https://handbook.dcoz.dc.gov/pages/residential-apartment-ra-zones#RA-1

Listing History

Date

Event

Price

11/18/2024

Price change

$645,233

-5%

Listed by Keller Williams Capital Properties
Listing Contact: 3014486569 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/6/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/6/2024 at 8:38 AM UTC

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