2916 SOUTHERN Avenue SE
Property Description
Fantastic investment opportunity with major value-add potential, delivered vacant. This property offers four units and rental income potential. Looking to expand your portfolio? The spacious basement footprint may allow for additional unit(s), subject to buyer verification of DC zoning, DOB permitting, Certificate of Occupancy requirements, rental licensing, and all required approvals. Seller and listing broker make no guarantees or representations regarding potential expansion. Any future units are strictly subject to independent buyer verification, local zoning ordinances, and the formal municipal permit and approval process. Buyers must perform their own due diligence, inspections, and feasibility studies. Sold strictly as-is, where-is, in its current condition with all faults, including the entire structure, roof, mechanical systems, and all appliances (boiler, hot water heater, stoves, and refrigerators). Seller will not make any repairs. Neither Seller nor listing broker offers any warranties, guarantees, or representations, express or implied. Seller will provide a property disclosure statement and any other disclosures required by DC and federal law.
Broker Details
Tristar Realty Inc (301) 586-9179
MLS ID: 101981 State License Number: SP200204648
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $649,900 |
| No. of Units: | 4 |
| Year Built: | 1944 |
| Lot Size: | 2,880.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $162,475 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-DCDC2281310
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