4318 Halley TerWashington, DC 20032

Property Details for 4318 Halley Ter

Year built

1943

Property size (Sq ft)

3,175 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Latitude

38.8271

Longitude

-77.0067

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