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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Jarriel Jordan • The Home Team Realty Group, LLC

$425,000

Est. payment - /mo

2,188 SqFt

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,188 sqft

Price per Sqft $194

MLS Listing ID DCDC2241238

Style Colonial

Abv Grd Liv Area 1,600

Year Built 1953

Annual Tax Amount $3,370

Tax Year 2025

Lot Size 6,297 Sqft

Acres 0.14

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

**Motivated seller!** This income-producing brick triplex is an ideal opportunity for owner-occupants or investors, featuring two 2BR/1BA units and a studio that allow you to live in one while rental income offsets your mortgage. A recent inspection has been completed and is available upon request, and the seller is prepared to provide a credit for any work needed. With the upper-level penthouse updated in 2023 and current rents totaling approximately $3,660 per month from long-term tenants, there is immediate "value-add" upside and a solid 6% cap rate. Located in a quiet residential area near South Capitol Street and major commuter routes, this property lets you build equity while the tenants pay the bill.

Location

State DC

County Washington

Zoning R3

Interior

Interior Features Ceiling Fan(s)

Hot Water Electric

Heating Forced Air

Cooling None

Equipment Stove, Microwave, Refrigerator, Dishwasher, Washer, Dryer

Fireplace N

Appliance Stove, Microwave, Refrigerator, Dishwasher, Washer, Dryer

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Permanent

Above Ground Finished SqFt 1600

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Patterson

Middle Schools Hart

High Schools Ballou Senior

School District District Of Columbia Public Schools

Others

Tax ID 6277//0004

Ownership Fee Simple

SqFt Source 2188

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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182 JOLIET ST SW Washington, DC 20032