449 Mellon Street SE, Washington, DC 20032
- Beds
- 8
- Sqft
- 2,848
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 6
- 0
Overview
Calling all investors and owner-occupants!
449 Mellon Street SE presents an exceptional opportunity to own in the rapidly transforming Congress Heights neighborhood. With the redevelopment of the St. Elizabeths campus well underway and plans moving forward for the RFK Stadium site, this area is poised for continued growth and long-term upside.
For investors, the property offers a strong projected 10% cap rate, making it a high-performing asset in a developing market. For owner-occupants, take advantage of financing options with as little as 3% down, while the income from the remaining three units significantly offsets your mortgage. Unit #3 is vacant!
Additional benefits include the potential for cost segregation, real estate depreciation, and the ability to leverage your investment for future portfolio growth. Whether you're looking to expand your portfolio, house hack, or secure your primary residence with built-in income, this property checks all the boxes.
Schedule your private tour of 449 Mellon Street SE today and capitalize on this rare opportunity.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 8
- Square feet
- 2,848
- Lot size (acres)
- 0.11
- Year built
- 1942
Exterior features
- Pool
- Yes
Utilities
- Heating
- Natural gas, Forced air
- Cooling
- Central air, Gas
- Water
- Private
Taxes
- Tax Annual Amount (2024)
- $5,055
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: DCDC2213294 Last checked: …
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