412 Mellon St Se, Washington, DC 20032
- $869,000
- 3,200
- SqFt
- List Price
- $869,000
- Days on Market
- 15
- Status
- ACTIVE
- MLS#
- DCDC2088156
- Living Area
- 3,200
- Lot Size (Acres)
- 0.06
- Style
- Other
- Year Built
- 1942
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting out all the units for a potential gross income of $5,440, OR turning each unit into condos down the road (condos across the street have sold for $300k+), OR living in one unit and having tenants cover $4,000 of your mortgage! Lots of possibilities, and the neighborhood has immense potential with all of the huge developments going into Congress Heights! When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!
/u.realgeeks.media/artshomebase/artshomebase_logo-03nn.png){kind=logo}
Additional Information
- Subdivision
- Congress Heights
- Building Name
- Congress Heights
- Taxes
- $5000
- Stories
- 2
- Interior Features
- Upgraded Countertops, Wood Floors, Floor Plan - Open
- School District
- District Of Columbia Public Schools
- Flooring
- Hardwood, Laminated
- Heating
- Heat Pump(s)
- Heating Fuel
- Electric
- Cooling
- Central A/C, Heat Pump(s)
- Utilities
- Electric Available, Water Available, Sewer Available
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Realty One Group Performance, LLC. Contact: (240) 583-1183