3162 BUENA VISTA TER SE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20020
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,460 sqft
Price per Sqft $164
MLS Listing ID DCDC2185398
Year Built 1944
Available Date 2025-03-13
Annual Tax Amount $6,599
Tax Year 2024
Lot Size 7,778 Sqft
Property Sub-Type Five Or More Units
Property Description
Discover an exceptional value-add opportunity with this 6-unit multifamily property in Randle Heights/Garfield Heights. Boasting a mix of occupied and vacant units, Each unit features 3 bed 1 bath apartments. this asset offers immediate income generation with the potential to increase rents through a voucher program well over $2300 per unit.
With a current gross monthly rent of $6,109 and two vacant units ready for leasing, investors have the flexibility to optimize cash flow. Monthly operating expenses remain low, enhancing the property's overall return potential. Conveniently located near public transportation, major commuter routes, and key amenities, this property is ideal for investors looking for a 1031 Exchange or looking to expand their portfolio.
Don't miss this chance to secure a high-performing asset in a thriving rental market! Contact us today for financials and to schedule a showing.
Location
State DC
County Washington
Zoning 021
Interior
Hot Water Other
Heating Radiator
Cooling None
Flooring Wood
Exterior
Garage Spaces 6.0
Water Access N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash,Conventional,Bank Portfolio,Exchange,Joint Venture,Private
Listing Terms Cash,Conventional,Bank Portfolio,Exchange,Joint Venture,Private
Special Listing Condition Standard