$899,000

3162 BUENA VISTA TERRACE, Washington, DC 20020

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1944
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Discover an exceptional value-add opportunity with this 6-unit multifamily property in Randle Heights/Garfield Heights. Boasting a mix of occupied and vacant units, Each unit features 3 bed 1 bath apartments. this asset offers immediate income generation with the potential to increase rents through a voucher program well over $2300 per unit. With a current gross monthly rent of $6,109 and two vacant units ready for leasing, investors have the flexibility to optimize cash flow. Monthly operating expenses remain low, enhancing the property's overall return potential. Conveniently located near public transportation, major commuter routes, and key amenities, this property is ideal for investors looking for a 1031 Exchange or looking to expand their portfolio. Don’t miss this chance to secure a high-performing asset in a thriving rental market! Contact us today for financials and to schedule a showing.

Listing Status:
Active
Date Added:
April 24, 2025 at 05:00AM
Listing Office:
Keller Williams Capital Properties : 2022437700
Listing Agent:
Abel M Gebremichael : 2026010160
MLS ID:
DCDC2197392
  • Flooring: Wood
  • A/C: None
  • Heating: YRadiatorGeo-thermal
  • Disability Feature: None

This listing courtesy of Abel M Gebremichael, Keller Williams Capital Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Garfield Elementary School

2435 Alabama Ave SE, Washington, DC, 20020

Grades EE-5

0.29 miles away

J

Johnson Middle School

1400 Bruce Pl SE, Washington, DC, 20020

Grades 6-8

0.98 miles away

A

Anacostia High School

1601 16th St SE, Washington, DC, 20020

Grades 9-12

1.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.