Foreclosure – 9-Unit, 3-Story Apartment Building

Property Description

5012 Bass Place SE is a 3-story apartment building constructed in 1965 and renovated in 2020. There are nine units in the building comprised of six 3-bedroom units and three 4-bedroom units. The building is served by all utilities to include water, sewer, gas, electric and phone. The gross building area is approximately 7,602 square feet and the lot is 8,000 square feet. 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 rents is $1,550/mo for 3-bedroom units and $1,850/mo for 4-bedroom units. This property is one of 9 multi-family buildings available at foreclosure auction on March 27. Please see property KEY5030B on our website at https://www.tranzon.com/key5030b for more information.