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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,442 sqft
Price per Sqft $389
MLS Listing ID DCDC2126948
Sold Date 04/30/24
Style Colonial
Abv Grd Liv Area 2,442
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $3,655
Tax Year 2022
Lot Size 2,456 Sqft
Acres 0.06
Property Description
Introducing an exceptional investment opportunity nestled in the vibrant Deanwood neighborhood of Washington, DC. This meticulously renovated four-unit apartment building represents a blend of modern living and classic charm, perfect for the discerning investor or property manager.
Each of the four units within this building has been thoughtfully updated to offer two inviting bedrooms and one bathroom, featuring contemporary finishes that cater to a high standard of living. The updates ensure that each apartment offers both style and comfort, making them highly attractive to potential renters.
Currently, three of the units are occupied, presenting an immediate income stream for the new owner and leaving room for potential rent adjustments or owner occupancy in the future.
One of the standout features of this property is the parking lot located at the back of the building. This added amenity not only enhances the desirability of the units but also provides a level of convenience and security that is highly valued in urban living environments.
The building benefits from its proximity to local shops, dining, and entertainment options, as well as public transportation and major commuting routes, making it an ideal location for residents seeking both community and connectivity.
4255 Eads St offers a rare combination of updated living spaces, strategic location, and investment potential. Whether you're looking to expand your portfolio or step into the role of a property owner with a turn-key solution, this property presents a unique opportunity to capitalize on the flourishing Washington, DC, rental market.
Don't miss out on the chance to own a piece of Deanwood's charm, with a property that promises growth, stability, and community. Schedule your visit today and see firsthand the potential that 4255 Eads St holds.
Location
State DC
County Washington
Zoning R-1
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Flooring Luxury Vinyl Tile, Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5089//0058
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, FHA 203(k), VA
Listing Terms Cash, Conventional, FHA, FHA 203(k), VA
Financing Cash,Conventional,FHA,FHA 203(k),VA
Special Listing Condition Standard
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Bought with Catrina A Jackson • RLAH @properties