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$600,000

Est. payment - /mo

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3,492 SqFt

Price Dropped by $100K

2723 JASPER ST SE Washington, DC 20020

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,492 sqft

Price per Sqft $171

Subdivision Randle Heights

MLS Listing ID DCDC2134526

Originating Board BRIGHT

Year Built 1945

Annual Tax Amount $4,914

Tax Year 2024

Lot Size 5,346 Sqft

Acres 0.12

Property Sub-Type Five Or More Units

Property Description

$100,000 Price Drop. Motivated seller, bring an offer! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Units 3 and 5 (basement unit) are occupied at rents of $1,200/mo and $1,880/mo respectively. The others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $85,000 even when keeping the current tenants in place!

Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5725//0007

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Stefan Rosu • Keller Williams Capital Properties

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2723 JASPER ST SE Washington, DC 20020

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Key Details

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Exterior

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Schools

Others

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2723 JASPER ST SE