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421 Burbank St SE 5 Unit Apartment Building $1,098,000 ($219,600/Unit) Washington, DC 20019
Investment Highlights
- 4 Parking Spaces in rear
- Fort Dupont
- Walking Distance to Metrorail/ Metrobus
Executive Summary
GREAT INVESTMENT OPPORTUNITY! Well-maintained 5-unit multifamily building in Fort Dupont Park with excellent cash flow potential. Renovated in 2015/2016 with updated systems and modern finishes. Four units are 2BR/1BA; one basement unit is 3BR/2BA. Units feature stainless steel appliances and granite countertops. Shared laundry room in basement common area. Some tenants are subsidized through DC programs, providing stable rental income. Strong long-term hold with consistent monthly cash flow. Walking distance to Benning Rd Metro, Safeway, CVS, and neighborhood amenities. Vouchers welcome. Contact listing agent for financials and private showings.
Property Facts
| Price | $1,098,000 | Apartment Style | Garden |
| Price Per Unit | $219,600 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,663 SF |
| No. Units | 5 | Average Occupancy | 60% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1953/2016 |
| Zoning | R-2 - Zoning: Probable RA-1 (residential) — parcel appears to be used as multifamily. Square 5398 / Lot 0093. | ||
| Price | $1,098,000 |
| Price Per Unit | $219,600 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,663 SF |
| Average Occupancy | 60% |
| No. Stories | 3 |
| Year Built/Renovated | 1953/2016 |
| Zoning | R-2 - Zoning: Probable RA-1 (residential) — parcel appears to be used as multifamily. Square 5398 / Lot 0093. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+2 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | 5398-0093 | Improvements Assessment | $499,930 |
| Land Assessment | $206,720 | Total Assessment | $706,650 |
Property Taxes
Parcel Number
5398-0093
Land Assessment
$206,720
Improvements Assessment
$499,930
Total Assessment
$706,650
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421 Burbank St SE
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