11,102 SqFt
11,102 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 11,102 sqft
Price per Sqft $101
MLS Listing ID DCDC2220410
Style Contemporary
Year Built 1944
Annual Tax Amount $5,269
Tax Year 2024
Lot Size 0.255 Acres
Acres 0.25
Property Sub-Type Duplex
Source BRIGHT
Property Description
DIVERSE UNIT MIX: With spacious average unit sizes of approximately 900 SF, the mix of three and four-bedroom apartments appeals to a wide tenant base. This diversity supports consistent occupancy, strong rental demand, and long-term income growth.
SIGNIFICANT CAPITAL IMPROVEMENTS: All units, along with the building's windows and mechanical systems, underwent full renovations in 2018. In addition, solar panels were installed within the last 5 months, providing long-term efficiency and value.
PRIME LOCATION WITH EXCELLENT CONNECTIVITY: Just a six-minute walk from Deanwood Metro Station and steps from Eastern Avenue, the property offers convenient acces3s to major bus routes and commuter corridors. The new Deanwood Community Center - only a five-minute walk away - further enhances tenant lifestyle appeal and neighborhood value.
BUILD EQUITY AT A DISCOUNT: With a variety of loan products available, new ownership can build equity at a discount compared to renting locally. Buyers can utilize 96.5% FHA financing to minimize cash-to-close and reduce monthly debt service. Principal and interest payments can be offset with rental income.
SOLAR INCOME: The recently installed 25.83kW solar panel adds meaningful value, generating up to $9,000 annually in Solar Renewable Energy Credits (SRECs) while reducing utility expenses.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5172//0060
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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