Washington, DC 20020,2425-2431 ALABAMA AVE SE
Washington, DC 20020,2425-2431 ALABAMA AVE SE
Washington, DC 20020,2425-2431 ALABAMA AVE SE
Washington, DC 20020,2425-2431 ALABAMA AVE SE
Washington, DC 20020,2425-2431 ALABAMA AVE SE
Washington, DC 20020,2425-2431 ALABAMA AVE SE
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$4,750,000

$5,250,000

9.5%
Est.Price: ?

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Est. payment /mo

10,368 SqFt


SOLD DATE : 12/15/2023

Key Details

Sold Price $4,750,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 10,368 sqft

Price per Sqft $458

MLS Listing ID DCDC2062014

Sold Date 12/15/23

Originating Board BRIGHT

Year Built 1951

Annual Tax Amount $29,917

Tax Year 2022

Lot Size 1.103 Acres

Acres 1.1

Property Description

OWNER HAS NO INFORMATION TO PROVIDE IN REFERENCE TO ANNUAL EXPENSES. PROPERTY CONSIST OF 4 BUILDINGS WITH A TOTAL OF 51 UNITS. THERE ARE 27 - 2 BEDROOMS UNITS AND 24 - 1 BEDROOM UNITS. BUILDINGS ARE BEING SOLD AS IS AND WILL REQUIRE COMPLETE GUT AND RENOVATIONS. UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. PROPERTY BEING SOLD WITH CURRENT TENANTS - 28 LEGAL LEASED TENANTS, 10 SQUATTERS AND 13 VACANT UNITS. THIS PROPERTY IS NON PERFORMING W/ NO REVENUE BEING COLLECTED/ ONLY 2 TENANTS PAYING ACCORDINGLY. RENTS ARE FAR BELOW CURRENT MARKET RENT FOR THE AREA. CALL AGENT FOR MORE INFORMATION AND TO SET UP A SHOWING

Location

State DC

County Washington

Zoning C

Interior

Hot Water Natural Gas

Heating Central

Cooling None

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5725//0804

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lisa S Wright • Stonegate Realty Group, LLC
Bought with Lisa S Wright • Washington Area Properties, LLC
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“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(443) 244-0155

ryan@revolhomes.com

980 Mercantile Dr, Hanover, MD, 21076, United States

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