808 Chesapeake St Se, Washington, DC 20032
- $1,620,000
- List Price
- $1,620,000
- Days on Market
- 53
- Status
- ACTIVE
- MLS#
- DCDC2266890
- Lot Size (Acres)
- 0.37
- Year Built
- 1963
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
Value-add opportunity to purchase a renovated 14 unit apartment building with 4 vacancies in Congress Heights. Favorable unit mix with mostly 2 and 3 bedrooms, average size is 857 SF. It may also be possible to combine units and create a 15th apartment in the basement. Pro forma NOI is almost $200,000, a 12.5% cap at the list price. The building has been renovated and features central air as well as renovated kitchens, baths, and flooring in most units. Sub metered for electric and gas. There is on-site parking for at least 10 cars. The property is located less than a mile away from the Eastover Shopping Center that is anchored by a Giant. Additional transformative development east of the Anacostia river includes Skyland Town Center and St. Elizabeth's.
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Additional Information
- Subdivision
- Congress Heights
- Taxes
- $12780
- School District
- District Of Columbia Public Schools
- Heating
- Central
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Keller Williams Capital Properties. Contact: