2425-2431 ALABAMA AVENUE SE Washington, DC ^$ 5,250,000

2425-2431 ALABAMA AVENUE SE

^$ 5,250,000

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2425-2431 ALABAMA AVENUE SE

Washington, DC, 20020

^$ 5,250,000

Bedrooms-- Baths51.0 Sq 10,368

Monthly Estimate*

^$ 32,753

2425-2431 ALABAMA AVENUE SE, Washington, DC 20020 - Image 1

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2425-2431 ALABAMA AVENUE SE, Washington, DC 20020 - Image 7

Commercial Property for sale in Washington, DC

for $5,250,000 with 51 full baths. This 10,368 square foot building was built in 1951 on a lot size of 1.10 Acre(s).

OWNER HAS NO INFORMATION TO PROVIDE IN REFERENCE TO ANNUAL EXPENSES. PROPERTY CONSIST OF 4 BUILDINGS WITH A TOTAL OF 51 UNITS. THERE ARE 27 - 2 BEDROOMS UNITS AND 24 - 1 BEDROOM UNITS. BUILDINGS ARE BEING SOLD AS IS AND WILL REQUIRE COMPLETE GUT AND RENOVATIONS. UNITS ARE INDIVIDUALLY METERED FOR GAS AND ELECTRIC. PROPERTY BEING SOLD WITH CURRENT TENANTS - 28 LEGAL LEASED TENANTS, 10 SQUATTERS AND 13 VACANT UNITS. THIS PROPERTY IS NON PERFORMING W/ NO REVENUE BEING COLLECTED/ ONLY 2 TENANTS PAYING ACCORDINGLY. RENTS ARE FAR BELOW CURRENT MARKET RENT FOR THE AREA. CALL AGENT FOR MORE INFORMATION AND TO SET UP A SHOWING

Commercial Active

Price

^$ 5,250,000

Full Bath

Property Type

Commercial

Taxes

^$ 29,917

Style

5+ Family

Lot Size

1.10 Acre(s)

Year Built

1951

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2062014

Features

Interior

Heating Source Natural Gas

Heating System Central Heat Hot Water Heater: Gas

Sewer Public Sewer

Water Source Public Water

Exterior

Construction Brick

Rental

Owner/Landlord Pays Common Area Maintenenace Lawn Care Pest Control Snow Removal Taxes Trash/Garbage Pickup Water

* Excluded Features

List By

Stonegate Realty Group, Llc

Broker

wrightreoagent@gmail.com

Affordability Calculator

$35,246

Per Month

Monthly Principal & Interest: $32,753
Monthly Property Taxes: $2,493
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Washington, DC

Average List Price ^$2,874,280

Percent of Sale Price 45%

About Washington, DC

701,213 Population

23% Since 2002

^$81,899 Median Income

37.42 Median Age

18% Households with Children

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Trends Information provided by ATTOM Data Solutions.

DISTRICT OF COLUMBIA PUBLIC SCHOOLS School District

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2425-2431 ALABAMA AVENUE SE, Washington, DC, 20020 is a Commercial Property for sale at $5,250,000 with 10,368 sqft and a lot size of 1.10 Acre(s). 2425-2431 ALABAMA AVENUE SE has 51.0 baths and was built in 1951. The property's zip code is 20020 which is in Washington, DC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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2425-2431 ALABAMA AVENUE SE

Commercial Property for sale in Washington, DC

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