735 Alabama Avenue SE Washington, DC $ 640,000
735 Alabama Avenue SE
$ 640,000
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735 Alabama Avenue SE

Washington, DC, 20032
$ 640,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,833

735 Alabama Avenue SE, Washington, DC 20032 - Image 1
Multi-Family Home for sale in Washington, DC for $640,000 with 4 bedrooms. This home was built in 1925 on a lot size of 0.08.

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.

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Multi-Family Active

Price

$ 640,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,845

Style

Traditional

Lot Size

0.08

Year Built

1925

Town/City

Washington

County/Region

WASHINGTON

MLS | Web ID

DCDC2158866

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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General
Sewer Public Sewer
Heating Hot Water
Cooling None
Possession 0-30 Days CD 120-180 Days 31-60 Days CD 90-120 Days CD
Zoning R
Architectural Style Traditional
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1925
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 43869.00
Accessibility None
County WASHINGTON
Net Operating Income 24619.00
Operating Expense 19250.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions see gps
City WASHINGTON
NumberOfUnitsTotal 4
Lot Size Units Square Feet
Lot Size Square Feet 3588.00
Waterfront Y/N N
Number of Units Leased 3
Tax Annual Amount 4845.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 273.04
Rent Control Y/N Y
Vacation Rental Y/N N
Days on Market 10
Lease Type Gross Long Term Month to Month
Standard Status Active
Year Built Source Assessor
Legal Subdivision Congress Heights
Tax Lot 805
Total Actual Rent 43869.00
Association Recreation Fee N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.08
Lot Size Source Assessor
Soil Types Unknown
Land Assessed Value 145710.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 735
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* Excluded Features
List By
Samson Properties

Broker

ahmad@srg-commercial.com

Email

Affordability Calculator

$4,237
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,833
Monthly Property Taxes
$404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2024$640,000 Listed Price

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735 Alabama Avenue SE, Washington, DC, 20032 is a Multi-Family Home for sale at $640,000 with a lot size of 0.08. 735 Alabama Avenue SE has 4 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 20032 which is in Washington, DC