1633 W Virginia Ave NE - Apartments FOR SALE


Washington, DC 20002- Trinidad
$749,950 USD
202-963-0935
1633 W Virginia Ave NE, Washington, DC for Sale
$749,950 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1633 W Virginia Ave NE
Washington, DC 20002
Trinidad


OVERVIEW

Motivated Seller! Why rent when you can own this 4-unit building? This property is ideal for investors or owner-occupants looking to expand their portfolio. It features four units: two two-bedroom units with one bathroom each, and two one-bedroom units with one bathroom each. Currently, two units are vacant while two are occupied (one one-bedroom unit and one two-bedroom unit) on a month-to-month basis. The rents for the occupied units have recently increased. The roof has been replaced, and several improvements have been made, providing a great opportunity for the buyer to live in one unit and rent out the others. The vacant units are easy to show, and the tenants in the occupied units are very cooperative but require some notice before any showings. This building is conveniently located near stores and other amenities. Don’t miss out on this investment opportunity

FOR SALE DETAILS

PRICE

$749,950 USD

PRICE/SF

$270 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,488

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,952 SF

ZONING

RF-1

APN/PARCEL ID

4054-0055

ASK ABOUT THIS PROPERTY

Noble DavisSAMSON PROPERTIES OF DC LLCMore Info
202-963-0935

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Noble DavisSAMSON PROPERTIES OF DC LLCMore Info
202-963-0935

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.