$ 430,000
-
$430,000
Price -
4
Bed -
0
Bath -
2,520
SqFt
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About the Listing KWCP1 - 3109753
INVESTOR ALERT: VALUE-ADD 4-UNIT BUILDING PRICED FOR IMMEDIATE EQUITY GAIN. Acquire this exceptional 4-unit brick multifamily building in Washington, D.C., a proven vehicle for strategic wealth creation. The property consists of four identical 1-Bedroom/1-Bathroom units, offering a highly desirable and easily managed unit mix for the rental market. This asset is aggressively priced to allow the experienced buyer maximum profit margin; the 2025 Assessed Value stands at $590,590, highlighting clear and substantial room to create instant equity and force appreciation post-closing. This is a true value-add opportunity that requires a full capital expenditure (CapEx) plan. The clear roadmap involves targeted renovations to the unit interiors and updating building systems, which will directly lead to drastically increased rent rolls and maximized Net Operating Income (NOI). SOLD STRICTLY AS-IS: Seller will make absolutely no repairs or offer any credits; the pricing fully reflects the required scope of work. All due diligence must be completed prior to offer submission. This offering is ideal for cash, fha 203K or commercial financing buyers. Do not miss this chance to acquire a four-unit asset below assessed value and reposition it into a top-performing investment. This is the definition of a wealth-building opportunity
Listing Highlights
Status
Active
Days on Site
16
Property Type
Multi-Family
MLS ®
DCDC2233284
Year Built
1943
Total Square Footage
2,520
Lot/Acreage
0.08
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2520
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RA-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $5,020
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
2609 29th St SE Washington, DC 20020
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