Skip To Content

735 Alabama Avenue SE

WASHINGTON, DC 20032
  • $640,000
  • STATUS: Active
  • ON SITE: 85 Days
  • ID#: DCDC2158866
$640,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,236
    SQFT
  • $198
    $/SQFT
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

Charming Quadruplex in vibrant Congress Heights " Perfect Investment Opportunity!Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3. A value-add opportunity Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems in two units. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 sqft of living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living.The property also includes three parking spots at the rear, a rare find in this sought-after area. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-05T23:51:17.067.
www.rossrem.com/homes/155039927
Print Image

735 Alabama Avenue SE WASHINGTON, DC 20032

  • Price: $640,000
  • Status: Active
  • On Site: 85 Days
  • ID#: DCDC2158866
0
Beds
0
Baths
0
½ Baths
0.08
Acres
3,236
SQFT
$198
$/SQFT
1925
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Charming Quadruplex in vibrant Congress Heights " Perfect Investment Opportunity!Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3. A value-add opportunity Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems in two units. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 sqft of living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living.The property also includes three parking spots at the rear, a rare find in this sought-after area. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights.
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2344 Below Grade Finished Area 892 Below Grade Unfinished Area 172 Cooling None Fireplace YN No Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type GrossLong TermMonth to Month Foundation Details Permanent Gross Income 43869.00 Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 24619.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 4 Number Of Units Vacant 1 Operating Expense 19250.00 Operating Expense Includes InsuranceTrash Original MLSNumber 803351475430 Owner Pays All UtilitiesTrash CollectionCommon Area Maintenance Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN Yes Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 4845.00 Tax Lot 805 Total Actual Rent 43869.00 Vacation Rental YN No Water Source Public Year Built Effective 2013 Zoning R

Listing courtesy of Samson Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-05T23:51:17.067.
 
Logo
ROSS | RESIDENTIAL | RE/MAX Realty Services
15245 Shady Grove Road, Suite 100
Rockville MD, 20850