427 Mellon Street Se Washington, DC 20032

$335,000
4
Beds
4
Baths
0.11
Acres
2,848
SQFT
118
$/SQFT
$335,000
4
Beds
4
Baths
2,848   sf
$118 / sf
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INVESTOR SPECIAL — FOUR-UNIT DC BUILDING OFFERED AT ONLY $335,000! This is the type of opportunity serious investors look for! Four-unit apartment building with four 1BR/1BA units, ready for a major renovation and complete repositioning. The property needs substantial rehab, but the upside is in the opportunity to transform the building, renovate the units, and create a strong income-producing asset.VALUE-ADD OPPORTUNITY! Bring your contractor, architect, and vision. This property is being offered at a price point that allows an investor to get into the DC multifamily market and potentially create significant value through renovation and stabilization. Ideal for an experienced investor seeking a project with multiple rental units and long-term income potential.Strategically located near Cedar Hill Hospital, Bolling Air Force Base, CareFirst Arena, Nationals Stadium, and major transportation routes. Convenient access to DC-295 and the Capital Beltway makes this location attractive for residents commuting throughout Washington, DC and the surrounding Maryland and Virginia markets.Four units. One property. Major upside. $335,000. Properties with this type of multifamily configuration and value-add potential don't come along every day. Bring your contractor and make your offer! Property sold strictly AS-IS.

INVESTOR SPECIAL — FOUR-UNIT DC BUILDING OFFERED AT ONLY $335,000! This is the type of opportunity serious investors look for! Four-unit apartment building with four 1BR/1BA units, ready for a major renovation and complete repositioning. The property needs substantial rehab, but the upside is in the opportunity to transform the building, renovate the units, and create a strong income-producing asset.VALUE-ADD OPPORTUNITY! Bring your contractor, architect, and vision. This property is being offered at a price point that allows an investor to get into the DC multifamily market and potentially create significant value through renovation and stabilization. Ideal for an experienced investor seeking a project with multiple rental units and long-term income potential.Strategically located near Cedar Hill Hospital, Bolling Air Force Base, CareFirst Arena, Nationals Stadium, and major transportation routes. Convenient access to DC-295 and the Capital Beltway makes this location attractive for residents commuting throughout Washington, DC and the surrounding Maryland and Virginia markets.Four units. One property. Major upside. $335,000. Properties with this type of multifamily configuration and value-add potential don't come along every day. Bring your contractor and make your offer! Property sold strictly AS-IS.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Washington
  • Tax Amount
    $3,169
  • Status
    Active
  • Listing #
    DCDC2284932
  • Built
    1937
  • Lot Size
    0.11
  • Listed on site
    10 days
  • Listing Agent Id
    121135062757

Listed by:
Long & Foster Real Estate, Inc.

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Fence
  • No Pool

Interior Features

  • Wood Floors
  • Main Floor Bedroom

Style

  • Traditional

Financing

  • Cash
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