Washington is located in District of Columbia. Washington, D.C. has a population of 701,527. 13.1% of the households in Washington, D.C. contain married families with children. The county average for households married with children is 18%.
The median household income in Washington, D.C. is $98,902. The median household income for the surrounding county is $98,902 compared to the national median of $66,222. The median age of people living in Washington D.C. is 38.7 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 43.7 inches per year, with inches of snow per year.
Well maintained asset 5 unit Multi Family property, Each unit feature 2bedrooms and 1bath. Full occupancy annual gross rent of $93,420 and about 25% operating expenses, should leave the new owner with an estimate $70,065 NOI, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6228 from the occupied 4 units . Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.
Foreclosure auction to be held April 25th at GCAAR office: 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily units to be auctioned separately. See Substitute Trusteeâs Notice for auction terms. 4318 Halley Terrace SE is a 2-story plus finished basement level semi-detached multi-family apartment property reportedly containing a total of six 3-bedroom apartments. The building was constructed in 1943 and renovated in 2019. The 4,800 square foot building sits on a 3,424 square foot lot. The building is served by all utilities to include water, sewer, gas, electric and phone. The building is heated and cooled with ductless mini-split systems which were all replaced in 2019 as part of the overall renovation of the property. All tenants are believed to have been approved through the District of Columbiaâs Housing Authorityâs Housing Choice Voucher Program. Current allowable rent is $1,893/month for 3-bedroom units. List price is tax assessment for MRIS purposes only. Actual price to be determined at foreclosure auction. See information flyer in document section.
Foreclosure auction to be held April 25th at GCAAR office: 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily units to be auctioned separately. See Substitute Trusteeâs Notice for auction terms. 4001 First Street SE is a 3-story plus finished basement level detached multi-family apartment property reportedly containing a total of eight 3-bedroom apartments. There are 8 parking spaces. The building was constructed in 1967 and renovated in 2019. The 6,000 square foot building sits on a 4,200 square foot lot. The building is served by all utilities to include water, sewer, gas, electric and phone. The building is heated and cooled with package HVAC units which were all replaced in 2020 as part of the overall renovation of the property. All tenants are believed to have been approved through the District of Columbiaâs Housing Authorityâs Housing Choice Voucher Program. Current allowable rent is$1,893/month for 3-bedroom units. List price is tax assessment for MRIS purposes only. Actual price to be determined at foreclosure auction. See information flyer in document section.
CALLING ALL INVESTORS AND DEVELOPERS!! â FOR THE NEW AND UPCOMING CONGRESS HEIGHTS SE DC. THIS LOCATION IS A WIN WIN!! This is an excellent investment opportunity in the heart of Congress Heights DC. Look no further. This two-level building with a basement is an investor's dream and a developer's delight just waiting for you. It is in a prime location at the center of major development and growth in SouthEast Washington DC, offering an excellent opportunity for commercial ventures in a high-traffic area. The building present an opportunity for investors to reconfigure the space and maximize its potential. Additionally, it is situated in an area with excellent foot traffic, ensuring that a commercial venture will be exposed to a high number of potential customers. The surroundings of this property boast major mixed-use commercial buildings under development and nearby you will find historic sites and great entertainment in close distance public transportation, St. Elizabeth new developments, Homeland Security, Sports Arena, MGM Casino, The Gaylord Hotel, National Harbor, Tanger Outlets shopping, Bolling AFB, Downtown DC and Alexandra VA., and so much more. SOLD AS IS. Making it an ideal location for a wide range of businesses. Don't miss out on this prime investment opportunity in one of the most sought-after areas of Washington DC. Contact Melea King (202) 766-8762 to schedule a showing and make an offer on this exceptional property.
Vacant 8 Unit apartment building, completely gutted and rebuilt with all new interiors, mechanical systems, structural improvements and penthouse. Construction is in progress with expected completion by mid 2024. Units will be all self-contained featuring in-unit washer/dryers, all electric systems, heat pumps and modern finishes. Great opportunity to purchase a cash-flowing rental property in an up-and-coming area without TOPA. Contact Listing Agent for plans, permits or to view prior to construction completion.
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