1638 16 Th St Se is a $765,000, 1,700 square foot, 6 bedroom, 4.0 bath home on a 0.05 acre lot located in Washington, DC.
2.75% ASSUMABLE VA MORTGAGE!! 1638 16th Street SE is a completely, gut renovated, turn-key two-unit property directly across the street from Anacostia high school. Live in one unit and have the tenant pay the majority of your mortgage, or rent out both units and cash flow $1,000/month! Renovated in 2020, the building consists of two apartment units. Both units are three bedrooms, and each unit has one full and one half bathroom. Each unit has a gourmet kitchen with stainless steel appliances, granite countertops, and gas stoves. Luxury vinyl plank flooring and washer and dryer units in each unit make this a highly desirable and maintainable rental. The building can gross up to $52,992 with each unit renting for $2,208/month with utilities included for Section 8 Voucher tenants. Potential to add two parking spaces in the rear with a new gate and other value add options are possible. RA-2 zoning allows for additional development in the future. Current FAR is 0.85, zoning permits up to 1.8 by right, which would translate to over 1800 additional square feet that could be added. Anacostia has been one of the area’s zip codes with the best appreciation over the past five years with the median home price in Anacostia, increasing 32.2% compared to 2018. With the development of Phase II of The Wharf, St. Elizabeth's and other private and public developments, we expect to continue to see significant appreciation and value in Southeast DC.
# Total Baths | 4.0 |
Above Grade Sqft | 1,700 |
Appliances | Hot Water - Natural Gas |
Interior Features | Accessibility Features - None |
Cooling Types | Central A/C Cooling Fuel - Electric Central Air - Yes |
Heating Types | Forced Air Heating Fuel - Natural Gas Heating - Yes |
Parking Types | Parking Type - Off Street Parking Type - Driveway |
Exterior Features | Other Structures - Above Grade Other Structures - Below Grade No Pool In City Limits - Yes |
Construction Types | Brick |
Land Type | Soil Types - Urban Land-Galestown-Rumford |
Water Source | Public |
Sewer | Public Sewer |
Attribution Contact | (540) 659-8633 |
Property Type | Residential |
Style | Levels/Stories - 2 Art Deco Story List - Main Story List - Upper 1 Standard Fee Simple Grocery/Supermarket |
Architectural Style | Structural Design Type - Interior Row/Townhouse |
Year Built | 1935 |
HOA Fee | $0.00 |
Condo Fee | $0.00 |
Taxes | $4,806.00 |
County | washington |
School District | district of columbia public schools |
Neighborhood | Anacostia |
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