Property

Washington, DC 20019 240 34Th Street SE

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Presented By: Keller Williams Capital Properties
  • MLS# DCDC2148062
  • 06/28/2024
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  • Beds • 12

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

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 240 34Th Street SE

Acceptable FinancingCash, Private, Bank Portfolio
AccessibilityNone
Architectural StyleOther
Association Recreation FeeN
CityWASHINGTON
Construction MaterialsBrick
Cool FuelNone
CoolingCentral A/C
CountyWASHINGTON
DirectionsMINNESOTA AVE TO CROFFUT PL LEFT ON 34TH ST SE.
DisclosuresOther
Garage Y/NNo
Gross Income108000.00
HeatingForced Air
Legal SubdivisionFort Dupont Park
Lot Size Square Feet1930.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-10-10T09:13:27
Net Operating Income87500.00
New ConstructionNo
Number of Units Leased5
NumberOfUnitsTotal4
NumberOfUnitsVacant1
One Bedroom Units Count
Operating Expense20500.00
Other StructuresAbove Grade, Below Grade
OwnerPaysInsurance, Pest Control, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
Percent OwnershipFee Simple
PossessionOther
Property SubTypeOther
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Tax Annual Amount4760.0
Tax Assessed Value560000.0
Tax Lot8
Tax Year2023
Total SQFT0
Two Bedroom6
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1950
Year Built SourceAssessor
ZoningR-3

Exterior for 240 34Th Street SE

Foundation DetailsOther
Inclusionsall installed appliances and fixtures
Land Assessed Value76370.00
Land Use Code
Lot Size Acres0.04
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Chris Correira

Loan Officer
Price $875,240
MLS#DCDC2148062
List Date 06/28/2024
Property Type Contingent
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