Foreclosure – 8-Unit, 3-Story Apartment Building

Property Description

4001 First Street SE is a 3-story plus finished basement level detached multi-family apartment property containing a total of eight 3-bedroom apartments. There are 8 parking spaces. The building was constructed in 1967 and renovated in 2019. The 6,000 square foot building sits on a 4,200 square foot lot. The building is served by all utilities to include water, sewer, gas, electric and phone. The building is heated and cooled with package HVAC units which were all replaced in 2020 as part of the overall renovation of the property. All tenants are believed to have been approved through the District of Columbia’s Housing Authority’s Housing Choice Voucher Program. Current allowable rent is $1,893/month for 3-bedroom units. This property is one of 9 multi-family buildings available at foreclosure auction on March 27. Please see property KEY5030C on our website at https://www.tranzon.com/key5030c for more information.