For Sale
$775,000

2723 Jasper StWashington, DC 20020

Value-Add Multifamily Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional five-unit apartment building, located at 2723 Jasper St SE in Washington, DC's Randle Heights neighborhood, presents a compelling value-add investment opportunity. The property boasts 4,104 square feet on a 5,346 square foot lot, zoned RA-1, offering significant potential for expansion given comparable properties in the area have been expanded to six or more units. Built in 1945, the building comprises five three-bedroom units

Highlights

  • $97,000 pro-forma NOI.
  • Excellent location near Skyland Town Center.
  • RA-1 zoning allows for expansion potential.
  • Features a large finished basement.
  • Fully detached building.

Property Details for 2723 Jasper St

Property type
Apartment buildings
Square Feet
4,104 SF
Class
C
Year Built
1945
Buildings
1
Units
5

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.851101
Longitude
-76.9683791
2723 Jasper St, Washington, District of Columbia

FAQs

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2723 Jasper St
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