2916 8TH ST NE Washington, DC 20017
3,296 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,296 sqft
Price per Sqft $265
MLS Listing ID DCDC2253708
Style Other
Abv Grd Liv Area 3,296
Year Built 1941
Annual Tax Amount $8,471
Tax Year 2025
Lot Size 3,840 Sqft
Acres 0.09
Property Sub-Type Quadruplex
Source BRIGHT
Property Description
The property can be delivered up to 75% vacant at closing, allowing an investor to immediately lease the three vacant units while maintaining the existing in-place tenant. At stabilization, projected rents are approximately $12,128 per month. Expenses are efficiently managed at roughly 10% of gross income (financials available for verification).
For an FHA buyer, there is an opportunity to occupy one unit while leasing out the remaining units, including the current tenant, generating approximately $8,537 per month in rental income.
Showings are available by appointment.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 2.0
Water Access N
Accessibility Other
Total Parking Spaces 2
Garage N
Building
Above Ground Finished SqFt 3296
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3643-0000-0070
Ownership Fee Simple
SqFt Source 3296
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
Financing Conventional,FHA,VA
Special Listing Condition Standard
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