1615 28Th Pl, Washington, DC 20020
5 Unit Apartment Building | $885,000 ($177,000/Unit) | Washington, DC 20020
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $885,000
- Property Type
-
Multifamily
- Square Feet
- 4,617 SF
Listing Contacts
LaMarr Datcher
Verified Profile
Christopher Chadwick
Verified Profile
Josh Feldman
Verified Profile
Ian Ruel
Verified Profile
- Property Info
Property Overview
Feldman Ruel is pleased to offer for sale 1615 28th Place SE, a vacant five-unit multifamily building with parking at the rear of the lot. The subject property is currently configured as five two-bedroom/one-bathroom units and an office unit which could be converted into a sixth multifamily unit. 1615 28th Place SE will require a full gut rehab, but is ideal for either a condominium conversion or subsidized rental. Hillcrest is one of the most desirable submarkets east of the river in Washington, D.C., with more than adequate demand for either execution.
Property Details
- Class
- C
- Year Built
- 1955
- Stories
- 3
- Lot Size (sq. ft)
- 4,792 SF
- Units
- 5
Highlights
- • 100% Vacant 5-Unit Multifamily Property | No TOPA
- • Property Requires a Gut Rehab | Additional Space Can be Converted to a 6th Unit
- • Favorable Unit Mix | 5 Two-Bedroom/One-Bathroom Units
- • Separately Metered for Electric & Gas | On-Site Parking
- • Situated in Hillcrest, One of the Most Desirable Neighborhoods East of the River
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