408 Chaplin StWashington, DC 20019

Property Details for 408 Chaplin St

Year built

1954

Property size (Sq ft)

4,878 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.8844

Longitude

-76.9418

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