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2515 22nd St
For Sale $867,000 ($228.16 per Sq Ft)
$867,000 ($228.16 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,800 Sq Ft
- 3,750 Sq Ft
Description
Value add opportunity in Woodridge! TOPA has been cleared, ready to close. Seller may be able to assist with vacating the building. 2515 22nd St NE (4 units) is being sold along with 2513 22nd St NE (2 units) for a total price of $1,300,000.
All 6 units across both buildings are configured as one bedroom / one bath apartments but it is possible to add bedrooms in all units. The buildings have large unfinished basements that can be converted into living space. There is currently 1 vacant unit, the other 5 are occupied. In-place rents range between $750/month and $1,384/month. DCHA's rent reasonableness rent estimator tool has 2 bedrooms in the neighborhood at $2,200/month and 3 bedrooms at $3,295/month. Pro forma annual rents on the high end are $237,240!
Units are in good condition but dated. Electric and gas are separately metered. The lot is large and deep, measuring 7,500 SF. Zoning for both parcels is R-1B. Contact us today with any questions!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $867,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,800 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1941 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4255//0835 |
| MLS # | DCDC2173368 |
| Property ID | 320446607 |
| Lot Sqft | 3,750 |
| Zoning | R-1B |
| Total Units | 4 |
| Days on Market | 16 |
| Original List Price | Unknown |
| Date Updated | January 08, 2025 |
| Date Created | January 03, 2025 |
Listing Provided By
Stefan Rosu an agent of . Lic #SP98377007
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Data last updated: January 19, 2025.
Robert Crawford
REAL ESTATE AGENT