UPDATED:
11/08/2024 04:08 AM
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,258 sqft
Price per Sqft $297
MLS Listing ID DCDC2167874
Style Colonial,Traditional,Art Deco
Abv Grd Liv Area 1,258
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $2,479
Tax Year 2023
Lot Size 1,513 Sqft
Acres 0.03
Property Description
Seize the opportunity to transform this RA-2 zoned, VACANT (NO TOPA) semi-detached duplex in the heart of thriving Anacostia. Currently featuring 3 bedrooms, 2 baths, and 2 kitchens, this property can be swiftly reconfigured back to a legal 2-unit layout, each with 2 bedrooms and 1 bath. Comparable ARV projections reach $715K (see sold comp at 1638 16th St SE).
But why stop there? Take advantage of the RA-2 zoning’s potential for a lucrative 4-unit conversion, each unit offering 900 sq ft, with a combined ARV surpassing $1M (check out 1721 Minnesota Ave SE for recent success). This property requires a full renovation and is sold strictly AS-IS. CASH buyers only — NO contingencies.
Offered at a EXCELLENT PRICE, this is a rare chance to maximize your return in a fast-growing area. Don’t miss out—secure your investment now and capitalize on Anacostia’s dynamic market!
Location
State DC
County Washington
Zoning RA-2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial, Traditional, Art Deco
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools Kramer
High Schools Anacostia Senior
School District District Of Columbia Public Schools
Others
Tax ID 5596//0811
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard