2905 30TH ST SE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20020
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $303
MLS Listing ID DCDC2173052
Style Traditional
Year Built 1943
Annual Tax Amount $6,602
Tax Year 2024
Lot Size 7,169 Sqft
Property 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.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Exterior
Water Access N
Building
Foundation Brick/Mortar
Sewer Private Sewer
Water Private
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Special Listing Condition Standard