1958 19th Pl SE | Washington, DC 20020
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- LoopNet Team
1958 19th Pl SE
Washington, DC 20020
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Located in the thriving Randle Heights neighborhood, this Property presents an exceptional value-add opportunity for investors
- With the area undergoing significant redevelopment and a robust demand for rental housing, this property is well-positioned for substantial long-term
- Nestled in the vibrant heart of Downtown Randle Heights, this property enjoys a strategic location across from the Anacostia Library
- Renovated down to the studs, the property underwent a complete renovation in 2016
- Located in a designated Opportunity Zone, this property offers potential tax benefits, including deferral and reduction of capital gains on exit
- The units in this building are larger than typical units in the neighborhood and surrounding areas
Property Facts
| No. Units | 14 | Building Size | 9,800 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 0.61/1,000 SF |
| Lot Size | 0.26 AC | ||
| Zoning | RA-1 - Areas predominantly developed with low- to moderate-density development, including detached dwellings, rowhouses, and low-rise apartments. | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 9,800 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | RA-1 - Areas predominantly developed with low- to moderate-density development, including detached dwellings, rowhouses, and low-rise apartments. |
Amenities
Unit Amenities
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | 1,000 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,208,850 | |
| Land Assessment | $1,584,210 | Total Assessment | $4,793,060 |
Property Taxes
Parcel Numbers
Land Assessment
$1,584,210
Improvements Assessment
$3,208,850
Total Assessment
$4,793,060
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