DC > Washington
Washington, DC 20032,242 OAKWOOD ST SE
$450,000
Est. payment /mo
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2,484 SqFt
Active

242 OAKWOOD ST SE Washington, DC 20032

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Nick Bostic

Nick Bostic

+1(717) 887-2448

UPDATED:

12/06/2024 07:09 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,484 sqft

Price per Sqft $181

MLS Listing ID DCDC2165650

Style Traditional,Unit/Flat

Abv Grd Liv Area 2,484

Originating Board BRIGHT

Year Built 1943

Annual Tax Amount $3,578

Tax Year 2024

Lot Size 4,905 Sqft

Acres 0.11

Property Description

Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, there’s an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next owner to add modern updates and possibly reconfigure into two larger units for a more tailored rental portfolio. Located in the heart of Congress Heights, close to transit, shopping, and city amenities. Don't miss this value-add investment with endless possibilities!

Location

State DC

County Washington

Zoning R-3

Interior

Hot Water Electric

Heating Hot Water

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Private Sewer

Water Public

Architectural Style Traditional, Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools King

Middle Schools Hart

High Schools Ballou Senior

School District District Of Columbia Public Schools

Others

Tax ID 5999//0003

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Kendell Brian Simpson • Samson Properties

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Nick Bostic

Real Estate Agent | License ID: RS363577

+1(717) 887-2448

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242 OAKWOOD ST SE