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242 Oakwood Street SE

WASHINGTON, DC 20032
  • $450,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: DCDC2165650
$450,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,484
    SQFT
  • $181
    $/SQFT
Type:
Multi-Family
Built:
1943
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, theres an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next owner to add modern updates and possibly reconfigure into two larger units for a more tailored rental portfolio. Located in the heart of Congress Heights, close to transit, shopping, and city amenities. Don't miss this value-add investment with endless possibilities!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Q2Living | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-02T23:51:30.59.
www.q2living.com/homes/157704576
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242 Oakwood Street SE WASHINGTON, DC 20032

  • Price: $450,000
  • Status: Active
  • On Site: 23 Days
  • ID#: DCDC2165650
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,484
SQFT
$181
$/SQFT
1943
Built
County:
Washington
Elementary School:
King
Middle School:
Hart
High School:
Ballou Senior
School District:
District Of Columbia Public Schools
Property Description
Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, theres an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next owner to add modern updates and possibly reconfigure into two larger units for a more tailored rental portfolio. Located in the heart of Congress Heights, close to transit, shopping, and city amenities. Don't miss this value-add investment with endless possibilities!
Exterior Features

Architectural Style TraditionalUnit/Flat Construction Materials Brick Garage YN No Parking Types Parking Lot Pool No Pool Soil Types Chillum-Urban Land Complex Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2484 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 4 Number Of Units Vacant 2 Original MLSNumber 803438282684 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Private Sewer Structure Design Type Other Tax Annual Amount 3437.00 Tax Lot 3 Transportation Bus Stop less than 1 mile Vacation Rental YN No Water Source Public Zoning R-3

Listing courtesy of Samson Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Q2Living | Compass RE. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-02T23:51:30.59.
 
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