Description
1745 T St SE | VACANT 6 Unit Building | 6-Unit Value-Add Opportunity in Southeast DCFully detached 6-unit multifamily building in Southeast DC, offering a rare RA-2 zoning designation that provides strong redevelopment and expansion potential. Each unit is currently configured as a 1-bedroom, 1-bath, with the option to convert units into 2-bedrooms to maximize rental income.An ideal value-add project for seasoned investors or developers, this property presents substantial upside. The pro forma gross annual rent after stabilization is estimated at $140,400 (based on $1,950 per unit monthly), offering an attractive return once improvements are completed.Centrally located near Anacostia Park, MLK Gateway, and major commuter routes, this location continues to benefit from surrounding neighborhood growth and infrastructure investment.Property sold strictly AS-IS. ONLY , ALL 6 UNITS ARE VACANT
Description
1745 T St SE | VACANT 6 Unit Building | 6-Unit Value-Add Opportunity in Southeast DCFully detached 6-unit multifamily building in Southeast DC, offering a rare RA-2 zoning designation that provides strong redevelopment and expansion potential. Each unit is currently configured as a 1-bedroom, 1-bath, with the option to convert units into 2-bedrooms to maximize rental income.An ideal value-add project for seasoned investors or developers, this property presents substantial upside. The pro forma gross annual rent after stabilization is estimated at $140,400 (based on $1,950 per unit monthly), offering an attractive return once improvements are completed.Centrally located near Anacostia Park, MLK Gateway, and major commuter routes, this location continues to benefit from surrounding neighborhood growth and infrastructure investment.Property sold strictly AS-IS. ONLY , ALL 6 UNITS ARE VACANT
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