21,966 SqFt
21,966 SqFt
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 21,966 sqft
Price per Sqft $905
Subdivision Congress Heights
MLS Listing ID DCDC2192710
Year Built 1964
Annual Tax Amount $14,688
Tax Year 2024
Lot Size 0.882 Acres
Acres 0.88
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
A large portion of the community participates in tenant-based voucher programs such as HCVP, GWUL, and Pathways to Housing DC, providing stable occupancy and predictable cash flow. This asset has undergone significant capital improvements within the past two years, including major mechanical, electrical, and plumbing upgrades, newer windows, doors, and kitchen cabinetry, updated appliances and modern flooring, sewer line enhancements, installation of 42 high-definition security cameras and renovated laundry rooms in each building. Notably, 70 of the 108 units have been fully renovated between 2023–2025, and the exteriors of all buildings have been freshly painted. The community has also embraced sustainability, with solar panels installed as part of the Sustainable DC initiative, reducing operating costs and environmental impact. This is an exceptional investment prospect offering a blend of stability, recent improvements, and long-term upside in one of D.C.'s fastest-growing submarkets.
Location
State DC
County Washington
Zoning RA
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 110.0
Utilities Available Natural Gas Available, Electric Available
Water Access N
Street Surface Paved
Accessibility None
Total Parking Spaces 110
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools King
Middle Schools Hart
High Schools Ballou
School District District Of Columbia Public Schools
Others
Tax ID 5939/0015, 0016, 0017, 0018, 0019, 0020.
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, Bank Portfolio, Other
Listing Terms Conventional, Cash, Bank Portfolio, Other
Financing Conventional,Cash,Bank Portfolio,Other
Special Listing Condition Standard
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