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2425-2431 Alabama Avenue SE

WASHINGTON, DC 20020
  • $5,250,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: DCDC2062014
UPDATED: 55 min ago
$5,250,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Description

OWNER HAS NO INFORMATION TO PROVIDE IN REFERENCE TO ANNUAL EXPENSES. PROPERTY CONSIST OF 4 BUILDINGS WITH A TOTAL OF 51 UNITS. THERE ARE 27 - 2 BEDROOMS UNITS AND 24 - 1 BEDROOM UNITS. BUILDINGS ARE BEING SOLD AS IS AND WILL REQUIRE COMPLETE GUT AND RENOVATIONS. UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. PROPERTY BEING SOLD WITH CURRENT TENANTS - 28 LEGAL LEASED TENANTS, 10 SQUATTERS AND 13 VACANT UNITS. THIS PROPERTY IS NON PERFORMING W/ NO REVENUE BEING COLLECTED/ ONLY 2 TENANTS PAYING ACCORDINGLY. RENTS ARE FAR BELOW CURRENT MARKET RENT FOR THE AREA. CALL AGENT FOR MORE INFORMATION AND TO SET UP A SHOWING

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T06:54:36.443.
www.jtrhome.com/homes/132230659
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2425-2431 Alabama Avenue SE WASHINGTON, DC 20020

  • Price: $5,250,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 55 min ago
  • ID#: DCDC2062014
0
Beds
0
Baths
0
½ Baths
1.1
Acres
1951
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
OWNER HAS NO INFORMATION TO PROVIDE IN REFERENCE TO ANNUAL EXPENSES. PROPERTY CONSIST OF 4 BUILDINGS WITH A TOTAL OF 51 UNITS. THERE ARE 27 - 2 BEDROOMS UNITS AND 24 - 1 BEDROOM UNITS. BUILDINGS ARE BEING SOLD AS IS AND WILL REQUIRE COMPLETE GUT AND RENOVATIONS. UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. PROPERTY BEING SOLD WITH CURRENT TENANTS - 28 LEGAL LEASED TENANTS, 10 SQUATTERS AND 13 VACANT UNITS. THIS PROPERTY IS NON PERFORMING W/ NO REVENUE BEING COLLECTED/ ONLY 2 TENANTS PAYING ACCORDINGLY. RENTS ARE FAR BELOW CURRENT MARKET RENT FOR THE AREA. CALL AGENT FOR MORE INFORMATION AND TO SET UP A SHOWING
Exterior Features

Construction Materials Brick Garage YN No Parking Types None Property Condition Below AverageMajor Rehab Needed Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10368.00 Cooling None Heating Central Heating YN Yes Net Square Feet 40472.00

Property Features

Accessibility Features None Assessment Year 2021 Business Type Apartment Building Central Air YN No Cooling Fuel None Elevators 0 Ground Rent Payment Frequency Annually Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 51 Operating Expense Includes LandscapingInsuranceTrashSnow RemovalSewerRepair/MaintenanceWater Original MLSNumber 801792991506 Owner Pays WaterTaxes - Real EstateTrash CollectionSnow RemovalPest ControlLawn/Shrub CareCommon Area Maintenance Ownership Interest Fee Simple Possession Other Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 30664.00 Tax Assessment Amount 3519590.00 Tax Lot 804 Trash Expense 9988.00 Vacation Rental YN No Water Source Public Zoning C

Listing courtesy of Stonegate Realty Group, Llc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JTR Team | Coldwell Banker Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-10-03T06:54:36.443.
 
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