For Sale
Call for price

4318 Halley TerWashington, DC 20032

Bankruptcy sale: 6-unit apartment building, renovated 2018.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a six-unit apartment building located in the vibrant Congress Heights neighborhood of Washington, D.C. The property, built in 1943 and extensively renovated in 2018, boasts a total of 3,175 square feet of net rentable space, spread across two stories within a single building. Each of the six units contributes to a consistent cash flow stream. Situated on a 3,424 square foot lot, the property is zoned RA-1. This is a value-add investment opportunity, part of a larger portfolio sale resulting from a bankruptcy proceeding. The sale is exempt from the Tenant Opportunity to Purchase Act (TOPA). While complete financial documentation is currently being compiled, the property is professionally managed. A due diligence period is permitted within the offer, though all contingencies must be removed before the court hearing. The property is sold "as is, where is." This presents a unique chance to acquire a well-located multifamily asset in a growing Washington, D.C. neighborhood with convenient access to public transportation and nearby amenities. Prospective buyers are encouraged to verify all provided information. The property is part of a portfolio sale, allowing for the purchase of individual properties or the entire portfolio.

Highlights

  • Six-unit apartment building in Congress Heights, DC.
  • Value-add investment opportunity, part of a nine-property portfolio bankruptcy sale.
  • 3,175 square feet, built in 1943, renovated in 2018.
  • Two-story building on a 3,424 square foot lot.
  • Located at 4318 Halley Terrace SE, Washington, DC 20032.

Property Details for 4318 Halley Ter

Property type
Apartment buildings
Square Feet
3,175 SF
Year Built/Renovated
1943/2018
Buildings
1
Stories
2
Units
6

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.827126351298
Longitude
-77.006731666612
4318 Halley Ter, Washington, District of Columbia

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4318 Halley Ter
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