242 Oakwood Street Southeast
$450,000
—
2,484
2,484
$181
Description
Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, there’s an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next...Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, there’s an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next owner to add modern updates and possibly reconfigure into two larger units for a more tailored rental portfolio. Located in the heart of Congress Heights, close to transit, shopping, and city amenities. Don't miss this value-add investment with endless possibilities!
- Listed by Kendell Brian Simpson • Samson PropertiesP: (202)-656-8271 kendellsimpsonrealtor@gmail.com
Property Details for 242 Oakwood Street Southeast
Tax ID Number
5999//0003
OwnershipFee Simple
Structure TypeOther
StyleTraditional, Unit/Flat
WaterfrontNo
GarageNo
Expected On Market Date12-05-2024
Legal SubdivisionCongress Heights
LISTING UPDATED: 11/14/2024 02:28 PM
Property Details for 242 Oakwood Street Southeast
Status | Active |
---|---|
MLS # | DCDC2165650 |
Days on Market | 4 |
Taxes | $3,437 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1943 |
Lot Size | 0.11 AC / 4,905 SF |
County | District of Columbia |
Building Information for 242 Oakwood Street Southeast
Stories-Residences4Year Built1943Building Size-Lot Size0.11 AC / 4,905 SF
Property Information for 242 Oakwood Street Southeast
Property History for 242 Oakwood Street Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 242 Oakwood Street Southeast
Taxable ValueLand$159,560Additions$261,430Total$420,990
Tax Record2024$3,578 ($298 / month)
Home Facts
Baths4Total Finished SqFt2,484 SqFtAbove Grade Finished SqFt2,484 SqFtStories2Lot Size4,905 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943ZoningR-3CountyDISTRICT OF COLUMBIAAPN5999 0003
Schools near 242 Oakwood Street Southeast
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
King Elementary School PublicPK to 5 | ||
Hart Middle School Public6 to 8 | ||
Ballou High School Public9 to 12 | ||
Ballou STAY High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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