Description
Welcome to 1614 R Street SE-an excellent four-unit investment opportunity offering flexibility for an investor or owner-occupant. Three of the four units are currently vacant, allowing a new owner to begin leasing or occupying the property shortly after closing. The two upper-level units each feature two bedrooms and one full bathroom. One vacant lower-level unit offers one bedroom plus a den, while the remaining lower-level unit is occupied by a long-term tenant. All three vacant units have been updated within the past five years. The property also features a large backyard with generous outdoor space for residents. Conveniently located near Pennsylvania Avenue, Minnesota Avenue, public transportation, neighborhood amenities, and easy access to I-295. Whether you are expanding your rental portfolio or looking to occupy one unit while generating income from the others, this property offers tremendous possibilities. The property will convey subject to the existing tenancy. Buyers should independently verify unit configurations, lease terms, rental licensing, zoning, and permitted use.
Details
| MLS # | DCDC2277768 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1936 |
| Days On Site | 88 |
| Listing Provided By | Samson Properties | Christopher M Chambers |
Features
| SQ Feet | 3,312 |
|---|---|
| Units | 4 |
| Zoning | R-5-B |
| Acreage | 0.08 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 5174 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20020 |
| Area | WASHINGTON DC |
| Community Name | ANACOSTIA |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in ANACOSTIA) | |
Price: $575,000 low | high Med: $325,000 sqft: 3,312 low | high Med: 1,293 $ / sqft: $174 low | high Med: $251 On site: 88 low | high Med: 21 | |
Market Activity 20020
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20020 |
| Area | WASHINGTON DC |
| Community Name | ANACOSTIA |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in ANACOSTIA) | |
Price: $575,000 low | high Med: $325,000 sqft: 3,312 low | high Med: 1,293 $ / sqft: $174 low | high Med: $251 On site: 88 low | high Med: 21 | |
