412 MELLON STREET SE

WASHINGTON, DC, 20032

$869,000

$271 per ft²
$869,000
$271 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
4 Baths
carpenters-square
3,200 ft²
property_type
Residential
calendar
Built 1942
This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting out all the units for a potential gross income of $5,440, OR turning each unit into condos down the road (condos across the street have sold for $300k+), OR living in one unit and having tenants cover $4,000 of your mortgage! Lots of possibilities, and the neighborhood has immense potential with all of the huge developments going into Congress Heights! When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!
MLS® ID:
DCDC2088162
Updated:
3/30/23
@properties
Djana Morris
Mobile: (202) 309-0146Email: djana@djanamorrisre.com

Interior Features

Kitchen Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked
Total Bedrooms
8
Full Bathrooms
4
Interior Features
Upgraded Countertops, Wood Floors, Floor Plan - Open
Floor Description
Hardwood, Laminated
Cooling
Central A/C, Heat Pump(s)
Heating
Heat Pump(s)

Exterior/Building Features

Lot Size
2,800 ft² lot
Exterior Features
Deck(s), Above Grade
Architectural Style
Other
Sewer
Public Sewer

School Information

School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes
$5000.00
Tax Frequency
per YEAR
Garage
No
Parking
Unassigned
View
N
County
WASHINGTON
Utilities
Electric Available, Water Available, Sewer Available
Water Source
Public
Pool
No
Total Stories
2
Zoning
R3
Sub Agency Compensation
1
Buyer Agency Compensation
2.5

Courtesy of Realty One Group Performance, LLC, RUSSELL BROWN

Listing Contact:  

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Data last updated 12:07 PM UTC, 3/30/23

@properties
Djana Morris
Mobile: (202) 309-0146Email: djana@djanamorrisre.com
Contact