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2303 S ST SE
Washington, DC 20020
Quick Facts
- Area:2592sq ft
- Style:Traditional
- Year Built:1956
- Lot Size:0.12 acres
Description:
***$25,000 PRICE REDUCTION***OPEN HOUSE SATURDAY SEPTEMBER 6th FROM 1PM-2PM***EXCELLENT OPPORTUNITY FOR INVESTOR OR FIRST TIME HOMEBUYER***Welcome to 2303 S Street SE a FOUR unit apartment building located in the subdivision of Randal Heights, Washington DC. At current, each unit offers 1 bedroom/1 bath. Lot size: 5,437 s/f; Zoning R-3; Total building s/f of 2,592. Off-street parking for 2+ vehicles. Two units are “turnkey” with updated flooring, freshly painted and stainless-steel appliances. Exterior in need of some repairs. Excellent investment property. BUILDING IS FULLY DETACHED. EASY CONVERSION TO 2-BEDROOM UNITS WITHOUT ADDING TO FOOTPRINT. Potential fair market rent per unit is $1,500 per month. Expenses: Property Taxes $5,200; Maintenance Fees $6,000; Management Fees: $6,000; Property Insurance: $4,800; Reserves: $8,000; NOI: $42,000; Cap Rate: 7%. BUILDING IS VACANT.
| Status | Active |
| Added to RealtyWatch | May 17, 2025 - 116 days ago |
| Listing Office | Coldwell Banker Realty - Washington, Alvin D Rice |
| MLS ID | DCDC2196686 |
Schedule a Showing
Interior
- A/C: None
- Heating: true, Radiator, Natural Gas
- Disability Feature: None
Exterior
- General: Above Grade, Below Grade
- Style: Traditional
Construction
- General: Brick, Block
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: R3, 5627//0809
Utilities
- Water: Public
- Sewer: PrivateSewer, Public Septic
Financial
- Source: BRIGHT_MAIN
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