1708 R St Se, Washington, DC 20020

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List Price
$830,000
Days on Market
2
Status
ACTIVE
MLS#
DCDC2287648
Living Area
4,000
Lot Size (Acres)
0.08
Style
Contemporary
Year Built
1938
County
Washington
School District
District Of Columbia Public Schools

Property Description

<br>*Property Overview Unit Mix*:<br> <br>8 Total Units —<br> <br>(6) 3-Bedroom units and<br> <br>(2) 2-Potential Bedroom units.<br> <br>*Income Potential* : Projected gross rents of $2,000+/month per unit ($192,000+ annualized potential).<br> <br>*Occupancy & Legal Status* : 100% Vacant: Property delivered completely empty, cleared of all TOPA liabilities.<br> <br>*Proven Track Record*: Generated $120K–$140K/year from 6 operational units prior to vacating.<br> <br>*Unit Condition Breakdown*<br> <br>Units 3 & 4 (Near-Complete): 95% complete; minor final touches required before lease-up.<br> <br>Units 1, 2, 5 & 6 (Turnover Ready); standard turnover maintenance / cosmetic updates required.<br> <br> Units 7 & 8 - (Basement Units)- Need complete gut <br>

Additional Information

Subdivision
Anacostia
School District
District Of Columbia Public Schools
High School
Anacostia
Heating
Central
Cooling
Central Air
Utilities
Electric Available, Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Other

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Listing courtesy of Realty One Group Performance, LLC. Contact: