2515 22ND STREET
Washington, DC 20018

$800,000 For Sale:
Quick Facts
  • Area:3800sq ft
  • Style:Traditional
  • Year Built:1941
  • Lot Size:0.09 acres

Description:

PRICE DROP! Value-add opportunity in Woodridge. TOPA has been cleared, ready to close. Seller may be able to assist with vacating the building. 2513 22nd St NE (2 units) and 2515 22nd St NE (4 units) are both being sold for a total price of $1,200,000. All 6 units across both buildings are configured as one bedroom + den / one bath apartments but it is possible to add bedrooms in all units. The buildings have large unfinished basements that can be converted into living space. There is currently 1 vacant unit, the other 5 are occupied. In-place rents range between $750/month and $1,384/month. DCHA's rent reasonableness rent estimator tool has 3 bedrooms at $3,261/month. Pro forma annual rents on the high end are almost $235,000! Units are in good condition but dated. Electric and gas are separately metered. The lot is large and deep, measuring 7,500 SF. Zoning for both parcels is R-1B. Contact us today with any questions!

StatusActive
Added to RealtyWatchJanuary 4, 2025 - 108 days ago
Listing Office Keller Williams Capital Properties, Stefan Rosu
MLS IDDCDC2173368

Schedule a Showing

Interior

  • A/C: None
  • Heating: Y, Hot Water, Natural Gas
  • Disability Feature: None

Exterior

  • General: Above Grade,Below Grade
  • Style: Traditional

Construction

  • General: Brick, Brick/Mortar

Location

  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON

Lot

  • Zoning: R-1B, 4255//0835
  • Current Use: 0

Utilities

  • Water: Public
  • Sewer: Public Sewer

Financial

  • Source: BRIGHT_MAIN

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