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PRICE $799,900 dsIDX morgage calculator
SIZE 8,267 sqft
LOT SIZE 3,485 sqft

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
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 1 LAST UPDATED 4/25/2025
YEAR BUILT 1936 COUNTY WASHINGTON
STATUS Active PROPERTY TYPE(S) Commercial

SCHOOLS
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High School ANACOSTIA SENIOR


ADDITIONAL DETAILS
AIR Central Air, Gas
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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Listing provided by Long & Foster Real Estate, Inc.

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