Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1953
Sq.Footage
3,236
Turnkey 5-unit multifamily in Congress Heights offering strong cash flow and long-term appreciation potential. This fully renovated asset features five well-designed 2BR/1BA units ( 625 sq ft each Aprox), with four units located inside the main building and one unit with a separate exterior entrance—ideal for added privacy or flexible leasing options. All units have been updated with stainless steel appliances, in-unit washer/dryer, LVP flooring, central heating & cooling, and modern finishes to attract and retain quality tenants. Comprehensively renovated in 2025, the property requires no major capital improvements and delivers projected gross annual rents exceeding $94,000 with additional upside as the neighborhood continues to revitalize. The property also boasts a large backyard with potential to be converted into future resident parking (buyer to verify). Conveniently located near the Metro Green Line, I-295/I-495, the Entertainment & Sports Arena, and the transformative St. Elizabeths redevelopment, the property benefits from strong and growing tenant demand. Ideal for 1031 exchange buyers, investors, or local landlords looking to live in one unit and rent 4 other units to get positive cash flow. its a must See!!!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
-
View
Street
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.15
-
Lot Size(square feet)
6462.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$849,900
-
Tax Amount
$3,293
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
HENDLEY
-
Middle School
HART
-
High School
BALLOU
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Septic Tank
-
Tax Lot
58
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
HENDLEY
Middle School
HART
High School
BALLOU
Listing Courtesy of Mukaram Ghani , RE/MAX Galaxy
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