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Washington,DC 20032
$ 11500
3 Beds
1 Bath
3155 SqFt
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Rent
Square Footage 3,155 sqft
Subdivision Congress Heights
MLS Listing ID DCDC2212528
Style Contemporary
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 2,640
Year Built 1950
Lot Size 3,440 Sqft
Acres 0.08
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
***Master Lease Opportunity*** Turn the key on a fully-revitalized five-residence building that sits just uphill from the momentum of Congress Heights. Taken down to the studs between 2019 and 2020, more than $450,000 was invested to deliver five legal 3-bed/1-bath apartments, each with its own washer-dryer, central HVAC, stainless appliances, new windows, recessed lighting and fresh flooring. A new TPO roof, all-new framing, plumbing, electrical, insulation (even the crawl space), exterior railings, fencing and a concrete basement slab complete a head-to-toe rebuild designed for decades of low-maintenance ownership.
The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center.
At roughly 2,640 SF of rentable interior space, the property's efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one.
Whether you're targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District.
C of O, Basic Business License, and building floor plan available upon request
Location
State DC
County Washington
Zoning R-3
Rooms
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 6154//0817
Ownership Other
SqFt Source Assessor
Pets Allowed Case by Case Basis