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Listed by So Tayebi • HomeSmart

$900,000

Est. payment - /mo

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3,296 SqFt

Active

2916 8TH ST NE Washington, DC 20017

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $273

MLS Listing ID DCDC2253708

Style Other

Abv Grd Liv Area 3,296

Year Built 1941

Annual Tax Amount $8,471

Tax Year 2025

Lot Size 3,840 Sqft

Acres 0.09

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

This is a 4-unit apartment building located in the Brookland neighborhood of Washington, D.C. All four units were renovated approximately four years ago and are configured to function as 3-bedroom, 1-bath layouts.

The property can be delivered up to 75% vacant at closing, allowing an investor to immediately lease the three vacant units while maintaining the existing in-place tenant. At stabilization, projected rents are approximately $12,128 per month. Expenses are efficiently managed at roughly 10% of gross income (financials available for verification).

For an FHA buyer, there is an opportunity to occupy one unit while leasing out the remaining units, including the current tenant, generating approximately $8,537 per month in rental income.

Showings are available by appointment.

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water Electric

Heating Other

Cooling Other

Heat Source Other

Exterior

Garage Spaces 2.0

Water Access N

Accessibility Other

Total Parking Spaces 2

Garage N

Building

Above Ground Finished SqFt 3296

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction Y

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3643-0000-0070

Ownership Fee Simple

SqFt Source 3296

Acceptable Financing Conventional, FHA, VA

Listing Terms Conventional, FHA, VA

Financing Conventional,FHA,VA

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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2916 8TH ST NE Washington, DC 20017

DC Homes Guide

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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2916 8TH ST NE