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sales rep | Brivity IDX

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323 54th St NE , Washington, DC 20019
$419,000
Est. Payment: $2,324.75/mo
3 Bed
3 Bath
1637 Sqft
0.07 Acres
Status: active | Days on site: 61
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LNG202 - 10742
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House Description

Price Improvement ... from $429,000 to $419,000... just for you!!! You can also search for information on the redevelopment of the Richardson Dwellings ... maybe try DC New Communities GREAT INVESTMENT OPPORTUNITY — FULLY Available TRIPLEX WITH 3 UPDATED UNITS! Seller is willing to assist with some of Buyer’s closing costs or offer concessions. Please inquire for additional details. Fully available and vacant — no TOPA needed! This TRIPLEX presents an excellent opportunity for an investor, owner-occupant, or buyer looking to maximize rental potential. The property features three upgraded, good-sized one-bedroom units, each of which previously rented for approximately $1,350 per month. All three units are now fully vacant and available, giving the new owner the flexibility to select their own tenants, establish new leases, or live in one unit while renting the other two. Based on the previous rental rate, the property has demonstrated potential for approximately $4,050 per month in gross rental income when fully leased. Each unit has been updated and is in really good condition, making this a great opportunity to put the property to work with minimal initial hassle. The property also offers a large rear yard with potential for off-street parking and outdoor entertaining space. Each unit has rear access, providing convenient access to the outdoor area. The location is another major advantage, with several schools in the surrounding area and the property situated just minutes from the Capitol Heights Metro Station, providing convenient access to transportation and the greater DC area. Future neighborhood development includes DC Housing Authority redevelopment of the neighboring Richardson Dwellings, which is expected to include condos/townhomes. Buyers are encouraged to visit the DC Housing Authority’s website and conduct their own due diligence for the most current and specific information regarding the proposed redevelopment. Property Highlights: * Triplex with 3 one-bedroom units * All units currently vacant * No TOPA needed * Previously rented for approximately $1,350 per unit * Potential gross rental income of approximately $4,050/month at previous rental rates * All three units updated and in good condition * Live in one unit and rent the other two, or rent all three * Large rear yard * Potential for off-street parking * Outdoor entertaining potential * Rear access for each unit * Minutes from Capitol Heights Metro Station * Seller willing to assist with closing costs or concessions * Nearby proposed redevelopment may create additional neighborhood investment and housing Whether you're an investor looking for your next income-producing property or an owner-occupant seeking rental income to offset your housing costs, this versatile triplex is worth a look!

Highlights

Listed by Rochelle K Frazier Gray , 2023527264 Long & Foster Real Estate, Inc. , 2025479200. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1951

County

Washington

School District

District Of Columbia Public Schools

Listing ID

DCDC2272806

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Above Ground Sq Ft:1184
Below Ground Sq Ft:453
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:RESIDENTIAL
Others:
  • ▪ Additional:Good, Very Good
Sewer:Public Sewer
Principal Interest
$2,325
Taxes
$166

Home Price

$419,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$83,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,324.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,324.75 $166.33 $0.00 $2,491.08
Yearly $27,896.95 $1,996.00 $0.00 $29,892.95
Total $836,908.45 $59,880.00 $0.00 $896,788.45
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:11:29.000Z

© 2026 Bright MLS