616 Mellon St Se, Washington, DC 20032

$439,000
4
BD
4
BA
2,788
SqFt

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List Price
$439,000
Status
ACTIVE
Days on Market
2
MLS#
DCDC2285532
Subtype
Residential
Style
Georgian
Year Built
1936
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
2,788
Lot Size
4,791
Acres
0.11
Subdivision
Congress Heights

Property Description

Welcome to 616 Mellon Street SE, Washington, DC 20032 — a solid brick four-unit multifamily property offering an excellent opportunity for investors, owner-occupants, or buyers looking to build a rental portfolio in Southeast Washington, DC. This approximately 2,788-square-foot property sits on a generous 4,800-square-foot lot and offers four separate residential units, providing multiple avenues for rental income and long-term investment potential. The property has been updated and offers the flexibility that today's investors are seeking. With multiple units, buyers can explore a variety of strategies, including maintaining the property as a traditional rental investment, occupying one unit while generating rental income from the others, or repositioning the property to maximize future income potential, subject to applicable DC regulations and approvals. Located in Congress Heights, the property provides convenient access to major employment centers, downtown Washington, DC, Navy Yard, National Harbor, public transportation, shopping, dining, and neighborhood amenities. Whether you're an experienced investor or looking for an opportunity to establish your first multifamily investment, 616 Mellon Street SE presents the space, location, and flexibility to create a strong long-term real estate strategy.

Additional Information

Taxes
$5,095
Property Description
Georgian
Zoning
SEE ZONE MAP
Flooring
Carpet
Heating
Radiant
Air Conditioning
Central Air
Levels
Two
Foundation
Other
School District
District Of Columbia Public Schools
Elementary School
King
Middle School
Hart
High School
Ballou

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Listing courtesy of Stonegate Realty Group, LLC. Contact: