Description

THE BUILDING
The property is an existing two-story semi-detached multifamily apartment building containing a total of four, potentially five, dwelling units with 3,162 square feet of gross building area, plus an unfinished basement level (according to the tax record). The building was constructed in 1943 and reportedly completely renovated in 2021. The zoning is R-2 (Residential Zone) and the lot size is 4,053 square feet, or 0.09 acres. There are four 3 BR / 1 BA units, with two on each floor, plus the potential for a fifth unit in the basement. The basement unit is currently unfinished, but the active BBL issued on March 1, 2023 allows five units. Utility providers are DC Water and Sewer Authority, PEPCO, Washington Gas, and Verizon.

THE NEIGHBORHOOD
The nearest fire and police stations are within one mile of the property. The local school system includes Kimball Elementary School, Sousa Miller Middle School, and Anacostia High School. Major colleges and universities are Georgetown, George Washington, and American Universities in Washington, DC, as well as the University of Maryland, College Park in Maryland.

The main access into the neighborhood is the Baltimore-Washington Parkway/Anacostia Freeway (Route 295). Access to the area from the Anacostia Freeway is provided by Kenilworth Avenue NE to Minnesota Avenue SE and then to D Street SE. Public transportation is provided by the Washington Metropolitan Area Transit Authority (WMATA) and provides access throughout Washington, DC and to major destinations in suburban Maryland and Virginia. According to WMATA, the nearest subway station is the Benning Road Metrorail Station (Blue Line), located about 1.5 miles from the property. The closest bus stop is about two blocks east of the property at the corner of Minnesota Avenue SE and 34th Street SE.

THE OPPORTUNITY
This property is being sold by a Chapter 7 Bankruptcy Trustee, therefore the sales are exempt from DC’s Tenant Opportunity to Purchase Act (TOPA). This allows for an expedited acquisition process, including necessary Bankruptcy Court approval.