$ 335,000
-
$335,000
Price -
4
Bed -
4
Bath -
2,848
SqFt -
0.11
Acre
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About the Listing LNG338 - 8171
INVESTOR SPECIAL — FOUR-UNIT DC BUILDING OFFERED AT ONLY $335,000! This is the type of opportunity serious investors look for! Four-unit apartment building with four 1BR/1BA units, ready for a major renovation and complete repositioning. The property needs substantial rehab, but the upside is in the opportunity to transform the building, renovate the units, and create a strong income-producing asset. VALUE-ADD OPPORTUNITY! Bring your contractor, architect, and vision. This property is being offered at a price point that allows an investor to get into the DC multifamily market and potentially create significant value through renovation and stabilization. Ideal for an experienced investor seeking a project with multiple rental units and long-term income potential. Strategically located near Cedar Hill Hospital, Bolling Air Force Base, CareFirst Arena, Nationals Stadium, and major transportation routes. Convenient access to DC-295 and the Capital Beltway makes this location attractive for residents commuting throughout Washington, DC and the surrounding Maryland and Virginia markets. Four units. One property. Major upside. $335,000. Properties with this type of multifamily configuration and value-add potential don't come along every day. Bring your contractor and make your offer! Property sold strictly AS-IS.
Listing Highlights for 427 Mellon St SE
Status
Active
Days on Site
49
Property Type
Residential
MLS ®
DCDC2284932
Year Built
1937
Total Square Footage
2,848
Lot/Acreage
0.11
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft: 2848
- Basement:
- Other: Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R-3
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $3,169
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2021
Payment Calculator
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Listing Location
Questions About..
427 Mellon St SE Washington, DC 20032
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