THE BUILDING The property is an existing two-story multi-family apartment building containing a total of fifteen dwelling units with 14,300 square feet of gross building area, plus basement level (according to the tax record). The building was constructed in 1937 and reportedly completely renovated in 2021. The zoning is R-3 (Residential Zone) and the lot size is 9,360 square feet, or 0.2149 acres. The units are a mix of fourteen 3 BR / 1 BA apartments on two floors, plus a 1 BR / 1 BA unit in the basement that is currently stripped down to the studs, and a small laundry room. Utility providers are DC Water and Sewer Authority, PEPCO, Washington Gas, and Verizon. THE NEIGHBORHOOD The nearest fire and police stations are within one-tenth of a mile of the property. The local school system includes Ketcham Elementary School, Kramer Middle School, and Anacostia High School. Major colleges and universities are Georgetown, George Washington, and American Universities in Washington, DC, as well as the University of Maryland, College Park in Maryland. The main access into the neighborhood is the Baltimore-Washington Parkway that becomes the Kenilworth Avenue Freeway/Anacostia Freeway (Route 295). Access to the area from the Anacostia Freeway is provided by Martin Luther King Jr. Ave SE to V Street SE. Public transportation is provided by the Washington Metropolitan Area Transit Authority (WMATA) and provides access throughout Washington, DC and to major destinations in suburban Maryland and Virginia. The Anacostia Avenue Metrorail Station is located approximately 0.8-miles southwest and the nearest WMATA Metrobus stop is located less than two blocks east, at the corner of V Street SE and 16th Street SE. THE OPPORTUNITY This property is being sold by a Chapter 7 Bankruptcy Trustee, therefore the sales are exempt from DC’s Tenant Opportunity to Purchase Act (TOPA). This allows for an expedited acquisition process, including necessary Bankruptcy Court approval. The property is also located within an Opportunity Zone census tract designed by the District of Columbia, offering federal tax incentives to support public and community economic growth.
Wonderful opportunity to live where you work. Currently set up as a beauty salon with a 1 Bedroom with Den apartment upstairs, you can place other types of business in property, located within an up-and-coming area of DC. This property is eligible for the currently available Commercial Property Acquisition Fund that provides eligible businesses with down payment assistance of up to $750,000 or 25% of the sale price, whichever is less, for the acquisition of commercial property in the District.
44 UNITS CONDO AND 1,500 SF RETAIL. FULL PERMIT SET AVAILABLE UPON REQUEST.
Motivated seller! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Only unit 3 is occupied ($1,200/mo), the others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $97,000! Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
To help with the housing crisis in DC. I have a vacant home available for lease. Only $5k a month, triple net lease. The home has 9 bedrooms (Two 2-bed and 7 1-bed), 4 bathrooms, a full kitchen, washer & dryer, living room, dining room, 2 HVAC units, 2 floors, a large backyard, front yard & 2 parking spaces. Newly Renovated. Handicap Accessible. This location would be perfect for a group home, migrant housing and/or transitional housing. Showings available Now!
Property sold as-is. Property has water and mold damage; unsafe to enter. Prime Anacostia location with lots of potential for development or complete renovation.
The median home value in Washington, DC is $644,900. This is higher than the county median home value of $640,500. The national median home value is $338,100. The average price of homes sold in Washington, DC is $644,900. Approximately 37.39% of Washington homes are owned, compared to 52.68% rented, while 9.93% are vacant. Washington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia 20020 has a population of 683,154. Washington 20020 is more family-centric than the surrounding county with 26.44% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia 20020 is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington 20020 is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.