Cash-flowing quad in Vibrant Congress Heights | 735 Alabama Ave SE
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Cash-flowing quad in Vibrant Congress Heights 735 Alabama Ave SE
4 Unit Block of Flats £502,022 (£125,506/Unit) Washington, DC 20032
Investment Highlights
- Located in upcoming Congress Heights
- Full Renovation in 2013
- 3 Units rented allowing for owner to occupy 4th unit
- Zoning allows adding 2 more units
Executive Summary
Charming Quadruplex in vibrant Congress Heights – Perfect Investment Opportunity!
Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3.
Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 SQFT of of total living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living.
The property also includes three parking spots at the rear, a rare find in this sought-after area, and the zoning allows the addition of two more units in the back for the savvy investor. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights!
Welcome to 735 Alabama Ave SE, a beautifully renovated quadruplex nestled in the up-and-coming Congress Heights neighborhood. This property boasts four 1-bedroom, 1-bath units, 3 rented and cash-flowing with several long-term tenants in place. This offers the flexibility for a new owner to occupy one unit and benefit from the income generated from the other 3.
Key highlights of this property include a full renovation completed in 2013, featuring modern upgrades such as new plumbing, electrical, and HVAC systems. The renovation also covered gas lines, the main sewage line, new siding, a roof, and updated flooring, making this a hassle-free investment with minimal maintenance needs. With over 3,400 SQFT of of total living space, each unit offers a comfortable layout perfect for tenants seeking cozy, low-maintenance living.
The property also includes three parking spots at the rear, a rare find in this sought-after area, and the zoning allows the addition of two more units in the back for the savvy investor. Don't miss out on this income-generating opportunity with the potential for an owner-occupant arrangement, all while benefiting from the growth of Congress Heights!
Data Room Click Here to Access
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | £502,022 | Building Class | C |
| Price Per Unit | £125,506 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 3,408 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/2013 |
| Apartment Style | Single Family Home | Parking Ratio | 0.88/1,000 SF |
| Price | £502,022 |
| Price Per Unit | £125,506 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 3,408 SF |
| Average Occupancy | 75% |
| Number of Floors | 2 |
| Year Built/Renovated | 1925/2013 |
| Parking Ratio | 0.88/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | £938.94 | - |
1 of 1
Walk Score ®
Very Walkable (77)
Transit Score ®
Excellent Transit (74)
PROPERTY TAXES
| Parcel Number | 5956-0805 | Total Assessment | £447,216 (2023) |
| Land Assessment | £114,312 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £332,903 (2023) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
5956-0805
Land Assessment
£114,312 (2023)
Improvements Assessment
£332,903 (2023)
Total Assessment
£447,216 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2025
zoning
| Zoning Code | R4 |
| R4 |
-
Khaled Alhajbeh -
Ahmad Azzarkani -
SRG Commercial
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Cash-flowing quad in Vibrant Congress Heights | 735 Alabama Ave SE
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