UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $223
MLS Listing ID DCDC2216132
Style Mid-Century Modern,Traditional
Abv Grd Liv Area 2,240
Year Built 1950
Annual Tax Amount $3,935
Tax Year 2024
Lot Size 3,867 Sqft
Acres 0.09
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
With average 1-bedroom rents in 20019 ranging from $1,300–$1,600/month and premium units reaching $1,800+, updated units here could generate significantly higher returns. At current rents, the property brings in approx. $36,000/year. Brought up to market rates, annual income potential rises to $62,400–$72,000+, making this a true value-add investment.
Located near Minnesota Ave Metro and major bus lines, with ongoing revitalization in Ward 7, 3427 B St SE offers both immediate cash flow and long-term appreciation potential. Perfect for seasoned investors or first-time multifamily buyers.
Location
State DC
County Washington
Zoning RA-2
Interior
Hot Water Natural Gas
Heating Forced Air, Central
Cooling Central A/C, Window Unit(s)
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern, Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5418//0049
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Giovanni Maggipinto
Realtor Associate | License ID: 1644529
Realtor Associate License ID: 1644529