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Washington, DC, 20020 • Anacostia • District of Columbia
$222/sqft
8Beds
2,888Sqft
0.15 acLot
1942Built
Colonial Style
Built 1942 · 84 years of history
Anacostia
Anacostia
Special Features
Above Grade · Below Grade
Demand and pricing signals for this listing
3 views
People checking out this listing
341 days on market
Established listing
$222/sqft
Price per square foot
Multi Family · Built 1942
Discover the ultimate opportunity for first-time investors with this rare 4-unit apartment building in historic Anacostia, Washington, DC! This fully vacant property allows you to bypass the Challenges of TOPA and move in immediately, maximizing your investment potential from day one. Here’s the best part: with residential financing options, you can secure this multifamily asset with little to no down payment, enjoying the benefit of tenants from three other units covering your mortgage and then some! Each unit is separately metered with an independent hot water heater and heating, and all proper DC rental licenses are in place. Situated on a large lot with a spacious backyard and ample off-street parking, the property even offers expansion potential. Just steps from The Gateway at MLK, the historic Frederick Douglass mansion, and the upcoming 11th Street Bridge development, this location is booming with growth. Real estate investments east of the Anacostia River hold strong cash-flow potential, and with multifamily financing, you can qualify for a higher loan amount based on rental income. Don't let this prime opportunity pass by
Standout features identified
Our analysis highlights ample off-street parking, spacious backyard, and large lot as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $513,600 loan
Full calculator →Key facts and listing details
9 categories of property features
1 room detailed
Basement
Market data and value estimates
3 schools rated nearby
Washington, DC, 20020
7 events
23 years of records
Local context around this listing
Washington, DC • District of Columbia
Nearby neighborhoods
Nearby cities
Nearby zip codes
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