2513-2515 22ND ST NE Washington, DC 20018
7,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2232598
Year Built 1941
Available Date 2025-12-05
Annual Tax Amount $5,526
Tax Year 2025
Lot Size 7,500 Sqft
Acres 0.17
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Discover the untapped potential of this 6-unit, two-building portfolio in Washington, D.C. While the property requires significant capital expenditure, it is priced to reflect a high-yield repositioning opportunity.
**Current Status:** Five out of six units are occupied, generating a stable rental income
**Opportunity:** One vacant unit offers the opportunity to immediately renovate.
**Profit Driver:** There is a clear pathway to substantial rent increases through comprehensive cosmetic and system upgrades throughout the portfolio.
The property is being sold AS-IS. Bring your vision, construction team, and value-add strategy to unlock significant equity in this prime investment opportunity.
Location
State DC
County Washington
Zoning R-1B
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4255//0834
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
