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$765,000
105 Days Online

1638 16th Street SE
Washington, DC 20020

For Sale|Townhouse|Active
6
Beds
2
Full Baths
2
Partial Baths
1,700
SqFt
$450
/SqFt
1935
Built
Subdivision:
Anacostia
County:
Washington

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(202) 577-8428
1638 16th Street SE1638 16th Street SE1638 16th Street SE1638 16th Street SE
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1638 16th Street SE is a completely, gut renovated, turn-key two-unit property directly across the street from Anacostia high school. The current owner has a VA loan with a 2.75% interest rate that can be assumed by the buyer. Live in one unit and have the tenant pay the majority of your mortgage, or rent out both units and cash flow $1,000/month! Renovated in 2020, the building consists of two apartment units. Both units are three bedrooms, and each unit has one full and one half bathroom. Each unit has a gourmet kitchen with stainless steel appliances, granite countertops, and gas stoves. Luxury vinyl plank flooring and washer and dryer units in each unit make this a highly desirable and maintainable rental. The building can gross up to $52,992 with each unit renting for $2,208/month with utilities included for Section 8 Voucher tenants. Potential to add two parking spaces in the rear with a new gate and other value add options are possible. RA-2 zoning allows for additional development in the future. Current FAR is 0.85, zoning permits up to 1.8 by right, which would translate to over 1800 additional square feet that could be added. Anacostia has been one of the area’s zip codes with the best appreciation over the past five years with the median home price in Anacostia, increasing 32.2% compared to 2018. With the development of Phase II of The Wharf, St. Elizabeth's and other private and public developments, we expect to continue to see significant appreciation and value in Southeast DC.

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Listing Snapshot
Price 
$765,000
Days Online 
105 Days
Bedrooms 
6
Inside Area (SqFt) 
1,700 sqft
Total Baths 
4
Full Baths 
2
Partial Baths 
2
Lot Size 
0.05 Acres
Year Built 
1935
MLS Number 
DCDC2099280
Status 
Active
Property Tax 
$4,806
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
60 minutes agoListing updated with changes from the MLS
3 months agoStatus changed to Active
3 months agoListing first seen online
General Features
Style 
Art Deco
Water 
Public
Sewer 
Public Sewer
Garage 
No
Foundation 
Other
Other Structures 
Above GradeBelow Grade
Construction Materials 
Brick
Zoning 
RA-2
Levels Count 
2
Interior Features
Heating 
Forced Air
Cooling 
Central A/C
Central Air 
Yes
Basement 
No
Main Level Bedrooms 
3
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Exterior Features
Pool 
No Pool
Community Features
Accessibility Features 
None
Senior Community 
No
Schools
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Capital Properties ?



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Neighborhood & Commute
Source: Walkscore
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