$ 699,000
-
$699,000
Price -
8
Bed -
0
Bath -
2,540
SqFt
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Open House Times
- Sun. Jul. 12 at 1:00pm to 3:00pm
About the Listing TTRS3 - 3057576
Beautifully renovated 4-unit multifamily opportunity in the heart of Washington, DC. This turnkey investment has been thoughtfully updated from top to bottom, offering modern finishes, strong rental appeal, and low maintenance ownership for years to come. Spanning two finished levels, this thoughtfully designed property offers spacious 2-bedroom, 1-bath units that blend comfort with versatile urban living. The building presents two units available at market-rate pricing, one unit income-restricted at 50% AMI, and another at 80% AMI. Please note that an Affordable Housing Covenant and a Declaration of Covenant are required to be recorded on the restricted units, ensuring they remain affordable for a 15-year term from the in-service date, in accordance with DC DHCD requirements. Ideal for both seasoned investors and owner occupants, this property presents a strategic “house hack” opportunity, live in one unit while renting the remaining three to offset your mortgage and build long term wealth. Priced below appraised value, this asset presents immediate equity and exceptional upside!! Situated directly across from Oxon Run Park and Trail, residents enjoy immediate access to green space and outdoor recreation, a rare and desirable amenity in this part of the city. The property is also just minutes from Patterson Elementary School, making it attractive to family-oriented tenants, and offers convenient access to the Congress Heights Metro Station, with easy commuter routes into Downtown DC and dining and retail nearby. This prime location supports strong tenant demand and long-term appreciation potential.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
DCDC2266696
Year Built
1943
Total Square Footage
2,540
Lot/Acreage
0.08
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 8
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2540
- 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: Excellent
- Sewer: Public Septic,Public Sewer
Financial Details
- Tax Amount: $4,720
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
4324 Halley Terrace SE Washington, DC 20032
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