USADCWashingtonMarshall Heights2303 S St Se
2303 S St Se, Home with 0 bedrooms, 0 bathrooms and null parking in WASHINGTON DC | Image 1
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$649,900

2303 S St Se, Washington, DC

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2592 sqft
Garage No
Taxes $5,198
Days Active 103
Lot Size 
Approx. Age 1956
Avg. Price Per Sqft $250
MLS® Number DCDC2196686

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

***EXCELLENT OPPORTUNITY FOR INVESTOR OR FIRST TIME HOMEBUYER***Welcome to 2303 S Street SE a multiple unit apartment building located in the subdivision of Randal Heights, Washington DC. At current, each unit offers 1 bedroom/1 bath. Lot size: 5, 437 s/f; Zoning R-3; Total building s/f of 2, 592. Off-street parking for 2+ vehicles. Two units are “turnkey” with updated flooring, freshly painted and stainless-steel appliances. Exterior in need of some repairs. Excellent investment property. BUILDING IS FULLY DETACHED. EASY CONVERSION TO 2-BEDROOM UNITS WITHOUT ADDING TO FOOTPRINT. Potential fair market rent per unit is $1, 500 per month. Expenses: Property Taxes $5, 200; Maintenance Fees $6, 000; Management Fees: $6, 000; Property Insurance: $4, 800; Reserves: $8, 000; NOI: $42, 000; Cap Rate: 7%. PLEASE BE ADVISED…UNIT #A IS OCCUPIED! PLEASE DO NOT DISTURB. ALL OTHER UNITS ARE VACANT. BUILDING WILL BE DELIVERED VACANT.Show Description
MLS® NumberDCDC2196686
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1956
Basement
DrivewayOff Street
Garage Spaces
HeatRadiator, Natural Gas
A/CNone, Electric
Heating Fuel

Extras

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