808 Chesapeake Street SEWashington, DC 20032
CONGRESS HEIGHTS · WASHINGTON County
Description
Value-add opportunity to purchase a renovated 14 unit apartment building with 4 vacancies in Congress Heights. Favorable unit mix with mostly 2 and 3 bedrooms, average size is 857 SF. It may also be possible to combine units and create a 15th apartment in the basement. Pro forma NOI is almost $200,000, a 12.5% cap at the list price. The building has been renovated and features central air as well as renovated kitchens, baths, and flooring in most units. Sub metered for electric and gas. There is on-site parking for at least 10 cars. The property is located less than a mile away from the Eastover Shopping Center that is anchored by a Giant. Additional transformative development east of the Anacostia river includes Skyland Town Center and St. Elizabeth's.
Property Information
- Property type
- Commercial Sale
- Year built
- 1963
- Building area
- 14,481 Sq Ft
- Lot size
- 0.37 acres
- Parking spaces
- 10
- Zoning
- RF-1
- Days on market
- 1
- MLS® Listing#
- DCDC2266890
Property Features
- Appliances
- Gas Water Heater
- Cooling
- Central Air · Electric
- Heating
- Natural Gas · Central
- Parking
- Parking Lot
- Construction
- Brick
- Foundation
- Brick/Mortar
- Sewer
- Public Sewer
- Water source
- Public
Schools
- District
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
- Annual taxes
- $12,780Tax year 2025
- Assessed value
- $1,561,490
- Parcel number
- 6160//0873
Directions
GPS
Listing Courtesy: Keller Williams Capital Properties - 2022437700
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2101 Q STREET SE, WASHINGTON, DC | $1,600,000 | — | — | 14,589 |
| 400 7TH STREET SE, WASHINGTON, DC | $1,595,000 | — | — | 1,944 |
| 710 H STREET NE, WASHINGTON, DC | $1,595,000 | — | 2 | 3,478 |
| 1425 H STREET NE, WASHINGTON, DC | $1,590,000 | — | 2 | 2,536 |
