Back to Search
735 Alabama Ave
For Sale $640,000 ($197.78 per Sq Ft)
$640,000 ($197.78 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,236 Sq Ft
- 3,588 Sq Ft
Description
Charming Quadruplex in vibrant Congress Heights – Perfect Investment Opportunity!
Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3. A value-add opportunity
Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems in two units. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 sqft of living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living.
The property also includes three parking spots at the rear, a rare find in this sought-after area. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights.
Loading map...
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 | $640,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,236 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1925 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5956//0805 |
| MLS # | DCDC2158866 |
| Property ID | 320842061 |
| Lot Sqft | 3,588 |
| Zoning | R |
| Total Units | 4 |
| Days on Market | 72 |
| Original List Price | Unknown |
| Date Updated | October 25, 2024 |
| Date Created | September 10, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $43,869 | $0 |
| Net Income (Yr) | $ 24,619 |
Listing Provided By
Ahmad Omar Azzarkani an agent of Samson Properties. Lic #SP40003125
© 2024 Copyright BRIGHT, All Rights Reserved
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Information Deemed Reliable But Not Guaranteed
Data last updated: November 21, 2024.
Robert Crawford
REAL ESTATE AGENT