Property
Washington, DC 20019 240 34Th Street SE
$875,240
9 more
Presented By: Keller Williams Capital Properties
Home Details
***Significant Price Improvement***This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Dont miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country.
Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now.
For more information or to schedule a viewing, contact us today!
Presented By: Keller Williams Capital Properties
Interior Features for 240 34Th Street SE
Bathrooms
Total Restrooms6
Other Interior Features
Central Air Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories3
Other Rooms
Entry Level1
General for 240 34Th Street SE
Acceptable FinancingCash, Private, Bank Portfolio
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick
Cool FuelNone
CoolingOther
CountyWASHINGTON
Days on Market88
DirectionsRefer to Google Maps/GPS.
DisclosuresOther
Gross Income108000.00
HeatingForced Air
Lease Considered Y/NNo
Legal SubdivisionFort Dupont Park
Location TypeSuburban
Lot Size Square Feet1930.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-23T22:20:20
Net Operating Income87500.00
New ConstructionNo
NumberOfUnitsTotal6
Operating Expense20500.00
OwnerPaysInsurance, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
Percent OwnershipFee Simple
PossessionSettlement
Possible UseResidential
Price Per Sq Ft Total AG174.28
Property ConditionGood
Property SubTypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Subdivision NameFT DUPONT PARK
Tax Annual Amount4760.0
Tax Assessed Value560000.0
Tax Lot8
Tax Year2023
TransportationBus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles, Commuter Rail Station 1 to 5 miles
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningR-3
Exterior for 240 34Th Street SE
Building Area Total5022.00
Car Parking Spaces
Fencing Y/NY
Inclusionsall installed appliances and fixtures
Land Assessed Value76370.00
Land Use Code
Lot Size Acres0.04
Lot Size SourceAssessor
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Derrick Sims
Associate