1600-1608 28th Pl SE 22 Unit Block of Flats £1,574,606 (£71,573/Unit) Washington, DC 20020
INVESTMENT HIGHLIGHTS
- 40% Vacant Asset - Value- Add Opportunity
- Favorable Property-Specific Charateristics
- Located Near Convergence of Hillcrest and Randle Highlands Neighborhoods
- Nearby Public Transportation
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive sale of 1600-1608 28th Place SE, a 22-unit multifamily community in the Randle Highlands neighborhood of Southeast, Washington, DC. Located just a block south of Pennsylvania Avenue SE, one of the District’s major corridors, 1600- 1608 28th Place SE consists of approximately 20,000 gross square feet within a three story plus basement building. The RA-1-zoned building has a unit mix consisting of sixteen (16) two-bedroom units and six (6) three-bedroom units. Other property features include a shared laundry room, solar panels on the roof, an off-street parking lot with twenty (20) spaces, and individual HVACs per apartment unit.
PROPERTY FACTS
| Price | £1,574,606 |
| Price Per Unit | £71,573 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 20,082 SF |
| Number of Floors | 3 |
| Year Built | 1969 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RA-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Bath/Shower
- Wi-Fi
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Wi-Fi
- Community-Wide Wi-Fi
- Online Services
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 5584-0111 | Improvements Assessment | £1,085,077 |
| Land Assessment | £582,785 | Total Assessment | £1,667,862 |
