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240 34TH Street SE

WASHINGTON, DC 20019
  • $875,240
  • STATUS: Active Under Contract
  • ON SITE: 231 Days
  • ID#: DCDC2148062
Under Contract
$875,240
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

***Significant price improvement*** This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Dont miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country.Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now. For more information or to schedule a viewing, contact us today!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Burkhart Realty Group | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-14T23:51:08.703.
www.lancasterhomesearch.com/homes/152159035
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240 34TH Street SE WASHINGTON, DC 20019

  • Price: $875,240
  • Status: Active Under Contract
  • On Site: 231 Days
  • ID#: DCDC2148062
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1950
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
***Significant price improvement*** This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Dont miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country.Units have their own forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but the building is performing as it is right now. For more information or to schedule a viewing, contact us today!
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Hardwood Heating Forced Air Heating YN Yes Inclusions all installed appliances and fixtures Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 6

Property Features

Acceptable Financing CashPrivateBank Portfolio Accessibility Features None Central Air YN Yes Cooling Fuel None Foundation Details Other Gross Income 108000.00 Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N Net Operating Income 87500.00 New Construction YN No Number Of Units Leased 5 Number Of Units Total 4 Number Of Units Vacant 1 Operating Expense 20500.00 Operating Expense Includes InsuranceTrash Original MLSNumber 803177248856 Owner Pays InsurancePest ControlSewerSnow RemovalTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Property Sub Type Other Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5132.00 Tax Lot 8 Vacation Rental YN No Water Source Public Zoning R-3

Listing courtesy of Keller Williams Capital Properties: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Burkhart Realty Group | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-14T23:51:08.703.
 
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Burkhart Realty Group | Coldwell Banker Realty
1000 N Prince St
Lancaster PA, 17603