11 GALVESTON PLACE, Washington, DC 20032
- 2,720 sqft
Multi-Family Home
Built in 1943
4,356sqft lot
—— car garage
$292/sqft
Listed 4 months ago
Property Description
Turnkey Investment Opportunity – 11 Galveston Place, Washington, D.C. A prime, income-generating property in the rapidly growing Congress Heights (Sub-Neighborhood A, Ward 8)! 11 Galveston Place is a corner lot featuring two fully rented 3-bedroom, 2-bathroom apartments, both occupied by long-term tenants through the DC Housing Choice Voucher Program, ensuring immediate and stable cash flow from day one. Key Property Features: ✅ Corner Lot with Expansive Land – Offers ample outdoor space and potential for future development or enhancements. ✅ Unfinished Basement with Rental Potential – Convert into an additional income-generating unit or use for storage/flex space. ✅ Fully Rented with Guaranteed Income – Government-backed rental payments provide consistent, reliable cash flow. ✅ Long-Term, Stable Tenants – One tenant has been in place for over 7 years The second tenant has been there for over 1 year Proven rental stability with tenants who have maintained their leases long-term. ✅ Spacious 3BR/2BA Units – Well-designed apartments that attract and retain tenants. ✅ Proximity to Major Employment Centers – Located minutes from key federal and military institutions, ensuring a strong and consistent rental demand: Joint Base Anacostia-Bolling U.S. Naval Research Laboratory United Medical Center New Homeland Security Main Campus Upcoming ATF Headquarters A Smart Investment in a High-Growth Area Congress Heights is experiencing major redevelopment, making it one of D.C.’s fastest-growing and appreciating neighborhoods. With infrastructure improvements, new federal and private-sector investments, and increasing property values, this is a prime opportunity for investors seeking long-term appreciation and cash flow stability. 💰 Built-in equity, expansion potential, and a high-demand rental market—don’t miss out! Asking Price: $793,700
- Listing Status:
- Active
- Listing Office:
- Samson Properties : 3018500255
- Listing Agent:
- NWABUEZE KENNETH OKWODU : 3015592872
- MLS ID:
- DCDC2187598

- A/C: None
- Heating: YHot WaterElectric
- Disability Feature: None
This listing courtesy of NWABUEZE KENNETH OKWODU, Samson Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Patterson Elementary School
4399 S Capitol Ter SW, Washington, DC, 20032
Grades EE-5
0.14 miles away
Hart Middle School
601 Mississippi Ave SE, Washington, DC, 20032
Grades 6-8
1.06 miles away
Ballou Stay High School
3401 4th St SE, Washington, DC, 20032
Grades 9-12
1.02 miles away