1615 28Th Pl, Washington, DC 20020

5 Unit Apartment Building | $885,000 ($177,000/Unit) | Washington, DC 20020

Asking Price $885,000

Property Type
Multifamily
Square Feet
4,617 SF

Listing Contacts

LaMarr Datcher
LaMarr Datcher
Christopher Chadwick
Christopher Chadwick
Josh Feldman
Josh Feldman
Ian Ruel
Ian Ruel
  • 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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