2331 GREEN ST SE Active

Washington,DC 20020

$ 645233

- Bed

- Bath

2888 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,888 sqft

Price per Sqft $223

Subdivision Anacostia

MLS Listing ID DCDC2163674

Style Colonial

Year Built 1942

Annual Tax Amount $1,015

Tax Year 2024

Lot Size 6,400 Sqft

Property Description

***Significant Price Improvement ***Discover the ultimate opportunity for first-time investors with this rare 4-unit apartment building in historic Anacostia, Washington, DC! This fully vacant property allows you to bypass the Challenges of TOPA and move in immediately, maximizing your investment potential from day one. Here’s the best part: with residential financing options, you can secure this multifamily asset with little to no down payment, enjoying the benefit of tenants from three other units covering your mortgage and then some!

Each unit is separately metered with independent hot water heater and heating, and all proper DC rental licenses are in place. Situated on a large lot with a spacious backyard and ample off-street parking, the property even offers expansion potential. Just steps from The Gateway at MLK, the historic Frederick Douglass mansion, and the upcoming 11th Street Bridge development, this location is booming with growth. Real estate investments east of the Anacostia River hold strong cash-flow potential, and with multifamily financing, you can qualify for a higher loan amount based on rental income. Don't let this prime opportunity pass by

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Inclusions all installed systems and appliances for all 4 units , shed in back yard and any remaining items in property.

Exterior

Garage Spaces 8.0

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Special Listing Condition Standard

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