2905 30th St, Washington, DC 20020 | For Sale

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For Sale $949,999 ($303.71 per Sq Ft)

$949,999 ($303.71 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 3,128 Sq Ft
  • 7,169 Sq Ft

Description

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 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.

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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

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $949,999
Property Type Fourplex (4-units)
Usable Sqft 3,128
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1943
Last Sold Unknown
Sold Price Unknown
APN # 5729//0818
MLS # DCDC2173052
Property ID 321147277
Lot Sqft 7,169
Zoning RA-1
Total Units 4
Days on Market 10
Original List Price Unknown
Date Updated January 06, 2025
Date Created January 01, 2025

Listing Provided By

Ari Firoozabadi an agent of . Lic #PB98361353


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Data last updated: January 11, 2025.
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