$875,000

430 CONDON TER SE, Washington, DC 20032

  • 3,155 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $277/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Turn the key on a fully-revitalized five-residence building that sits just uphill from the momentum of Congress Heights. Taken down to the studs between 2019 and 2020, more than $450,000 was invested to deliver five legal 3-bed/1-bath apartments, each with its own washer-dryer, central HVAC, stainless appliances, new windows, recessed lighting and fresh flooring. A new TPO roof, all-new framing, plumbing, electrical, insulation (even the crawl space), exterior railings, fencing and a concrete basement slab complete a head-to-toe rebuild designed for decades of low-maintenance ownership. The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center. At roughly 2,640 SF of rentable interior space, the property’s efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one. Whether you’re targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District. C of O, Basic Business License, and building floor plan available upon request

Listing Status:
Active
Listing Office:
Corcoran McEnearney : 2025525600
Listing Agent:
Marc Cashin : 2029003126
MLS ID:
DCDC2212500
  • A/C: None
  • Heating: 90% Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Marc Cashin, Corcoran McEnearney

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hendley Elementary School

425 Chesapeake St SE, Washington, DC, 20032

Grades EE-5

0.22 miles away

H

Hart Middle School

601 Mississippi Ave SE, Washington, DC, 20032

Grades 6-8

0.39 miles away

B

Ballou Stay High School

3401 4th St SE, Washington, DC, 20032

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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