Welcome to 2905 30th Street SE, a beautifully renovated four-unit apartment building in the flourishing Randle Heights neighborhood of Washington, DC. This property seamlessly combines modern upgrades, immediate cash flow potential, and a prime location, making it an ideal investment opportunity for seasoned investors or first-time buyers. Completely gut-renovated in… Read More 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. Read Less
Courtesy of Ari Firoozabadi, Greysteel Company LLC [email protected]
Listing Snapshot
Days Online
238
Last Updated
Property Type
Single Family Residential
Square Ft.
3,128
Lot Size
0.16 Acres
Year Built
1943
MLS Number
DCDC2173052
30 Days Snapshot Of 20020
$385k
+33%
(avg) sold price
21
+50%
homes sold
62
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
3,128 sqft living area, Built in 1943, Major renovation in 2018, Structure Type: Detached, 4 units in building, Traditional, Brick
Cooling
Central Air, Electric, Central A/C
Accessibility Features
Other
Foundation
Brick/Mortar
Heating
Central, Central
Lot
7,169 sqft, 0.16 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 4, Unit 3, Soil Types: Unknown, 4 two-bedroom units
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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