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Investor Alert - Exceptional Multi-Family Opportunity in Anacostia! 1622 R Street SE, Washington, DC 20020 A rare chance to acquire a partially completed multi-family property in the heart of rapidly developing Anacostia. This four-story building is framed and roughed-in for seven well-sized apartment units"”ideal for an investor ready to bring the project to completion. Zoned RA-2 on a 3,693 sq. ft. lot Estimated 8,267 total sq. ft. Layout includes (4) four-bedroom units and (3) three-bedroom units, approx. 1,000 sq. ft. each Rear alley access with room for 3-4 parking spaces Structure is framed; no permits included Located just minutes from the Anacostia Metro Station, schools, shops, restaurants, and major development corridors such as Martin Luther King Jr. Ave SE and Good Hope Rd SE. The area is experiencing strong growth, making this a prime location for rental investment. Sold strictly AS-IS. Buyer is responsible for all due diligence, permits, and approvals. An incredible opportunity to finish a multi-family shell and maximize income potential in a high-demand rental market.
FORECLOSURE
DAYS ON MARKET | 1 | LAST UPDATED | 4/25/2025 |
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YEAR BUILT | 1936 | COUNTY | WASHINGTON |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
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High School | ANACOSTIA SENIOR |
ADDITIONAL DETAILS | |
AIR | Central Air, Gas |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
CONSTRUCTION | Brick |
HEAT | Central, Electric |
LOT | 3485 sq ft |
PARKING | Parking Lot |
SEWER | Public Sewer |
STORIES | 4 |
TAXES | 73694 |
UTILITIES | Other |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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