Washington, DC 20020,2303 S ST SE
Washington, DC 20020,2303 S ST SE
Washington, DC 20020,2303 S ST SE
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Listed by Alvin D Rice • Coldwell Banker Realty - Washington
$599,900
Est. payment /mo
2,592 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $231

Subdivision Marshall Heights

MLS Listing ID DCDC2196686

Style Traditional

Abv Grd Liv Area 2,592

Year Built 1956

Available Date 2025-05-17

Annual Tax Amount $5,198

Tax Year 2024

Lot Size 5,437 Sqft

Acres 0.12

Property Sub-Type Detached

Source BRIGHT

Property Description

***PRICE REDUCTION $599,000***OPEN HOUSE SATURDAY OCTOBER 4th FROM 12PM-2PM***EXCELLENT OPPORTUNITY FOR INVESTOR OR FIRST TIME HOMEBUYER***Welcome to 2303 S Street SE a FOUR unit apartment building located in the subdivision of Randal Heights, Washington DC. At current, each unit offers 1 bedroom/1 bath. Lot size: 5,437 s/f; Zoning R-3; Total building s/f of 2,592. Off-street parking for 2+ vehicles. Two units are “turnkey” with updated flooring, freshly painted and stainless-steel appliances. Exterior in need of some repairs. Excellent investment property. BUILDING IS FULLY DETACHED. EASY CONVERSION TO 2-BEDROOM UNITS WITHOUT ADDING TO FOOTPRINT. Potential fair market rent per unit is $1,500 per month. Expenses: Property Taxes $5,200; Maintenance Fees $6,000; Management Fees: $6,000; Property Insurance: $4,800; Reserves: $8,000; NOI: $42,000; Cap Rate: 7%. BUILDING IS VACANT.

Location

State DC

County Washington

Zoning R3

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Block

Above Ground Finished SqFt 2592

Sewer Private Sewer, Public Septic

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5627//0809

Ownership Fee Simple

SqFt Source 2592

Special Listing Condition Standard


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