2011 SE 16TH Street SE
Property Description
Incredible investment opportunity awaits in Historic Anacostia. This Fully Vacant, No TOPA, four-unit property featuring three 3BR units, and one 2BR unit have been completely renovated and turn-key ready for tenants or owners to move right in. When fully rented gross rents were $89,000/yr providing an eye-popping 8% CAP rate. A true cash-cow for the savvy investor, or owner occupant - landlord investor. Each unit features an updated kitchen, finished wood or composite wood floors, one unit has central air/heat, upgraded windows, and much more. This stand alone building on a deep 3,800 sq. ft. lot has opportunities for an investor to grow the property for even greater return. Situated in an Opportunity Zone (OZ) a few close blocks to the heart of downtown Anacostia, near multiple bus lines, retail, and commercial, amongst booming neighborhood development will provide constant appreciation for years to come. Owner is listing agent. Four unit C of O transferrable at sale.
Broker Details
Fairfax Realty Select (703) 533-8660
MLS ID: 3082827 State License Number: 98367803
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $799,000 |
| No. of Units: | 4 |
| Year Built: | 1936 |
| Lot Size: | 3,416.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $199,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-DCDC2282204
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