$506.37 Per Sq Foot $28,183 est/mo Sourced by Back At You

2425-2431 Alabama Ave SE,Washington, DC 20020

Washington DC, 20020

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Description

OWNER HAS NO INFORMATION TO PROVIDE IN REFERENCE TO ANNUAL EXPENSES. PROPERTY CONSIST OF 4 BUILDINGS WITH A TOTAL OF 51 UNITS. THERE ARE 27 - 2 BEDROOMS UNITS AND 24 - 1 BEDROOM UNITS. BUILDINGS ARE BEING SOLD AS IS AND WILL REQUIRE COMPLETE GUT AND RENOVATIONS. UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. PROPERTY BEING SOLD WITH CURRENT TENANTS - 28 LEGAL LEASED TENANTS, 10 SQUATTERS AND 13 VACANT UNITS. THIS PROPERTY IS NON PERFORMING W/ NO REVENUE BEING COLLECTED/ ONLY 2 TENANTS PAYING ACCORDINGLY. RENTS ARE FAR BELOW CURRENT MARKET RENT FOR THE AREA. CALL AGENT FOR MORE INFORMATION AND TO SET UP A SHOWING

Details

MLS#DCDC2062014
Listing TypeFor Sale
Sub-TypeResale
StatusClosed
Year1951
Days On Site705
Listing Provided ByStonegate Realty Group, LLC | Lisa S Wright
Buying Commision1.5% Of Gross

Features

SQ Feet10,368
ZoningC
Acreage1.10

Market Activity 20020

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Listings Checked: 7 minutes ago
StateDC
CountyWashington
CityWashington
Zip Code20020
School DistrictDistrict Of Columbia Public Scho
Listing VS Median (in 20020)
Price:
$5,250,000
low | high
Med:
$325,000
100% of Average
SqFt:
10,368
low | high
Med:
650
100% of Average
$ / SqFt:
$506
low | high
Med:
$500
51.257142857143% of Average
On Site:
705
low | high
Med:
103.000000
100% of Average
Sourced by Back At You
Listing Updated: June 13, 2024 at 9:21:19 PM PDT