UPDATED:
12/06/2024 07:08 AM
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,236 sqft
Price per Sqft $197
MLS Listing ID DCDC2158866
Style Traditional
Abv Grd Liv Area 2,344
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $4,972
Tax Year 2024
Lot Size 3,588 Sqft
Acres 0.08
Property Description
Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3. A value-add opportunity
Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems in two units. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 sqft of living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living.
The property also includes three parking spots at the rear, a rare find in this sought-after area. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights.
Location
State DC
County Washington
Zoning R
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5956//0805
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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