408 Chaplin StWashington, DC 20019

This 4-unit apartment building in Washington, D.C.'s Fort Dupont area presents a compelling redevelopment opportunity. Located on a 5,238 sq ft lot, the property boasts 4,878 sq ft of net rentable space, currently configured as four units: two renovated (one 2-bedroom/1-bathroom, one 3-bedroom/1-bathroom) and two requiring renovation (each 1-bedroom/1-bathroom). The building, constructed in 1954 and renovated in 2023, is situated between Fort Circle Park and Fort Chaplin Park, offering a park-like setting. Its convenient location provides easy access to I-295 and numerous attractions, including museums, shops, restaurants, universities, and businesses. The property is currently vacant and zoned RA-1. The asking price is $450,000, representing $92.25 per square foot and $112,500 per unit. The property is offered fee simple, free and clear of all liens. Real estate taxes are $7,284.11 annually. An unfinished basement offers additional potential. Pre-auction offers are being accepted, with the auction commencing November 15th. Buyers are responsible for verifying zoning, permits, and usage.