Log In/Sign Up
Your email has been sent.
2513-2515 22nd St NE 6 Unit Apartment Building $950,000 ($158,333/Unit) Washington, DC 20018
EXECUTIVE SUMMARY
**Attention Investors: Deep Value-Add 6-Unit Multifamily Package** Discover the untapped potential of this 6-unit, two-building portfolio in Washington, D.C. While the property requires significant capital expenditure, it is priced to reflect a high-yield repositioning opportunity. **Current Status:** Five out of six units are occupied, generating a stable rental income **Opportunity:** One vacant unit offers the opportunity to immediately renovate. **Profit Driver:** There is a clear pathway to substantial rent increases through comprehensive cosmetic and system upgrades throughout the portfolio. The property is being sold AS-IS. Bring your vision, construction team, and value-add strategy to unlock significant equity in this prime investment opportunity.
PROPERTY FACTS
| Price | $950,000 | Building Class | C |
| Price Per Unit | $158,333 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 5,800 SF |
| No. Units | 6 | Average Occupancy | 83% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1941 |
| Apartment Style | Low-Rise | ||
| Zoning | R-1B - residential suburban district | ||
| Price | $950,000 |
| Price Per Unit | $158,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,800 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1941 |
| Zoning | R-1B - residential suburban district |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $520,880 | |
| Land Assessment | $632,320 | Total Assessment | $1,153,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$632,320
Improvements Assessment
$520,880
Total Assessment
$1,153,200
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2513-2515 22nd St NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.