Description
1638 16th Street SE is a completely, gut renovated, turn-keya0;two unit apartment building directly across the street from Anacostia high school. Renovated in 2020, the building consists of twoa0;apartment units. Both are three bedrooms and each unit as one full and one half bathroom. Originally built for Section 8 vouchers, it can deliver vacant and or with pre screened section 8 tenants. a0; The building will gross $52,992 Building has no trash fees Each unita0;earns $2,208 with utilities per month Two potential parking spaces in rear Additional FAR to be captureda0; Anacostia has been one of our region's high land appreciation zip codes over the past few years with the median home price in Anacostia, increasing 14.5% compared to 2019. a0;With the development of Phase II of The Wharf, St. Elizabeth's and other private and public developments, we expect to continue to see significant appreciation and value in SE.
