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427 MELLON ST SE, Washington, DC 20032
427 MELLON ST SE, Washington, DC 20032
427 MELLON ST SE, Washington, DC 20032
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Listed by Al Elliott • Long & Foster Real Estate, Inc.
$335,000
Est. payment /mo
4 Beds
4 Baths
2,848 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,848 sqft

Price per Sqft $117

Subdivision Congress Heights

MLS Listing ID DCDC2284932

Style Traditional,Other

Bedrooms 4

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 2,848

Year Built 1937

Annual Tax Amount $3,169

Tax Year 2021

Lot Size 4,700 Sqft

Acres 0.11

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning R-3

Rooms

Main Level Bedrooms 2

Interior

Interior Features Other

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Hardwood

Heat Source Natural Gas

Exterior

Fence Other

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Story 2

Foundation Other

Above Ground Finished SqFt 2848

Sewer Public Sewer

Water Public

Architectural Style Traditional, Other

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed N

Senior Community No

Tax ID 5996//0037

Ownership Fee Simple

SqFt Source 2848

Acceptable Financing Cash

Horse Property N

Listing Terms Cash

Financing Cash

Special Listing Condition Standard


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Nearby Locations

Saad Jamil
Arslan Jamil

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(703) 782-4830

Arslan Jamil

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427 MELLON ST SE

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