Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
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Listed by Marc Cashin • Corcoran McEnearney
$ 875,000
Est. payment | /mo

3,246 SqFt


Save
$ 875,000
Est. payment | /mo
Save

3,246 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,246 sqft

Price per Sqft $269

MLS Listing ID DCDC2211972

Year Built 1950

Available Date 2025-07-30

Annual Tax Amount $2,634

Tax Year 2024

Lot Size 3,440 Sqft

Acres 0.08

Property Sub-Type Five Or More Units

Source BRIGHT

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

Location

State DC

County Washington

Zoning R-3

Interior

Hot Water Natural Gas

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 6154//0817

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
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614 N DuPont Highway Suite 300, Dover, DE, 19901

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430 CONDON TER SE