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3146 BUENA VISTA TERRACE SE
WASHINGTON, DC 20020
MLS#: DCDC2276824
$799,900
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1944
Sq.Footage
5,070
An outstanding opportunity to acquire a fully occupied seven-unit apartment building generating a current Net Operating Income (NOI) of $74,580.99. Generating a 9.3% cap rate, this well-performing asset features an attractive unit mix of six spacious 3-bedroom, 1-bath apartments and one studio unit, providing a desirable combination of family-sized housing and flexible rental options. With stable occupancy and consistent income, this property offers investors immediate cash flow and long-term appreciation potential. The predominance of large three-bedroom units creates strong tenant demand and the potential for continued rental growth. Ideally situated in Southeast Washington, DC, the property is conveniently located near Congress Heights and Anacostia Metro Stations, providing easy access throughout the District. Residents enjoy proximity to St. Elizabeths East, the Entertainment & Sports Arena, Gateway DC, and the Department of Homeland Security headquarters, all of which continue to drive investment and employment in the area. Outdoor enthusiasts will appreciate nearby Fort Stanton Park, Anacostia Park, and miles of walking and biking trails along the Anacostia River. Everyday conveniences include neighborhood shopping, restaurants, grocery stores, schools, and multiple Metrobus routes. Whether you're looking to expand an existing multifamily portfolio or acquire a stable, income-producing asset with strong fundamentals, this turnkey investment offers an exceptional combination of reliable cash flow, desirable unit composition, and long-term upside in the nation's capital. One vacant unit offers an opportunity for immediate increase in cash flow.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.27
-
Lot Size(square feet)
11,568
-
Property Type
Commercial Sale
Price
-
Sales Price
$799,900
-
Tax Amount
$6,524
-
Sq. Footage
5,070
-
Price/SqFt
$157
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
58
-
Water Source
Public
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Location
County
WASHINGTON
Elementary School
Middle School
High School
Listing Courtesy of Lasonya J Abney, Cosmopolitan Properties Real Estate Brokerage
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Salesperson, Realtor
Tamara Warrenfeltz
Call Tamara today to schedule a private showing.
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