227 OAKWOOD STREET SE, WASHINGTON, DC 20032

$529,900
3 Bed
2 Full Bath
1 Half Bath
Pending

Description

Multifamily investment opportunity in a booming Congress Height DC with solid rental history and recent upgrades waiting for a new landlord to take over!2 units- unit #1 is a 3bed and 2 bathunit #2 is a 4bed and 2bath

Property Details

MLS #

DCDC308730

Status

ACTIVE UNDER CONTRACT

Type

Multi-Family

Subtype

Other

Units

2

Year Built

1943

Cooling Fuel

Electric

Heating Fuel

Electric

Hot Water

Electric

Current Price

$529,900

Ownership Type

Fee Simple

Listed

Jan 2, 2019

Days on Market

197

County/City

WASHINGTON

Total Sqft

2,508

Lot Size

4,649 square feet

Parking

On Street


Directions

google maps


ADDITIONAL PROPERTY DETAILS

Year Built

1943 (76 years)

Architecture Style

Colonial

Parking Included

No

Parking

On Street

HOA

No

Levels

2

Units

2

Furnished

No


Utilities

Cooling Fuel

Electric

Cooling System

Central A/C

Heating Fuel

Electric

Heating System

Other

Hot Water

Electric

Sewer/Septic

Public Sewer

Water

Public


INTERIOR

Basement

No

Attic

No


LOT & LAND

Acreage

0.11

Lot Size

4,649 square feet

Soil Type

Unknown

Present Use

Land/Lot Only

Other Structures

  • Above Grade
  • Below Grade

Water

Water Oriented

No

Riparian Rights Convery

No

Water Access

No

Water Front

No

Water Frontage

No

Water View

No

Navigable Water

No

Physical Docks

No

Directions

google maps


Somewhat Walkable
Select a Point of Interest and Radius from the form above.

Anacostia

The area known as Anacostia is often confused with the entire area touching the Anacostia River. In reality, it is much smaller than that. Anacostia is located in the 8th Ward and bordered by the Anacostia and Potomac rivers on the west, Southern Avenue on the east and Good Hope and Naylor roads to the north.

Anacostia’s history travels back to the early 17th Century when Captain John Smith arrived at the area and stumbled upon Nacotchtanke, the Native American Trading Village. The people of the area, the Nacotchtanks, were fisherman and farmers that occupied the land bordering the Anacostia River. After this point, Europeans were encouraged to migrate here for the fertile land.

In the 19th Century, famous faces like Frederick Douglas called Anacostia home. Douglas was known for buying the “Cedar Hill” estate in 1877 where he lived until he died; it is now a tourist destination.

Anacostia was designed with business and trade in mind, due to its proximity to the river. Up until the 1950’s there were still areas of Anacostia that were segregated, but in 1954 the Uniontown area, now the Historic District, was incorporated as part of Anacostia with the intention to be a home for the Navy Yard workers. This shift turned Anacostia into one of D.C.’s first suburbs.

Quality of Life:

Amongst the 71,000 residents in the greater Anacostia area, there is a sense of community. Many residents are proud to have lived in Anacostia for their entire lives. The streets look much like they did 50 years ago with frame row houses and apartments that are mostly Italianate and Cottage style. There are commercial areas around Good Hope Road and Martin Luther King, Jr. Avenue.

Anacostia is close to National's Stadium, which is just two metro stops away on the Green line. In addition to National’s Stadium a $10 billion restoration and revitalization project is planned for the waterfront.

Getting Around:

Anacostia is served by its own metro stop on the Green line. It’s only three stops away from the main hub station, L’Enfant Plaza, which connects to the Yellow, Green, Blue and Orange lines.

Ronald Reagan National Airport < 10 miles

Washington Dulles International Airport < 30 miles

Baltimore Washington International Airport < 35 mile

 

With our relationship with Atlantic Coast Mortgage, LLC, we’re able to provide the full spectrum of mortgage services, from online pre-approval to a guiding hand throughout the entire financing process.

24 Listings / 0.59 Radius