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Bought with Diana Wassel • KW Metro Center
$ 830,000
$ 890,000 6.7%
3,128 SqFt
$ 830,000
$ 890,000 6.7%
3,128 SqFt
Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $265
MLS Listing ID DCDC2173052
Sold Date 07/03/25
Style Traditional
Abv Grd Liv Area 3,128
Year Built 1943
Annual Tax Amount $6,602
Tax Year 2024
Lot Size 7,169 Sqft
Acres 0.16
Property Sub-Type Detached
Source BRIGHT
Property Description
Completely gut-renovated in 2018, the property boasts upgraded systems, electrical, appliances, and exteriors, offering a turnkey solution for new ownership. With two units currently occupied and generating strong average rents of $1,944 per month, this asset delivers immediate income while leaving room for future growth. Additionally, its rent control-exempt status provides the flexibility to adjust rents as the market evolves, enhancing long-term returns.
For owner-occupants, this property offers a unique house-hacking opportunity. Live in one of the vacant two-bedroom units while renting out the other three, significantly reducing your monthly mortgage compared to market rents for similar units.
The location further elevates this investment. Situated steps from the newly developed Skyland Town Center, the property benefits from proximity to Southeast DC's premier mixed-use development, featuring 275,000 square feet of retail space, residential units, and top-tier retailers like CVS, LIDL, and Starbucks.
This vibrant community hub highlights the neighborhood's growth and potential.
Don't miss the opportunity to own a fully updated, cash-flowing property in a rapidly transforming area. Whether you're looking for immediate returns or long-term appreciation, 2905 30th Street SE is a smart investment in one of DC's most promising neighborhoods.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Central
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 3128
Sewer Private Sewer
Water Private
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5729//0818
Ownership Fee Simple
SqFt Source 3128
Special Listing Condition Standard
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10321 Southern Maryland Blvd, Dunkirk, MD, 20754, USA