Active
2905 30th St SE
Washington DC, 20020
$949,999
$303.71 per sqft
Active
8 Beds
3,128 sqft
Multi-family
Built in 1943
Welcome to 2905 30th Street SE, a beautifully renovated four-unit apartment building in the flourishing Randle Heights neighborhood of Washington, DC. This property seamlessly combines modern upgrades, immediate cash flow potential, and a prime location, making it an ideal investment opportunity for seasoned investors or first-time buyers.
Completely gut-renovated in 2018, the property boasts upgraded systems, electrical, appliances, and exteriors, offering a turnkey solution for new ownership. With two units currently occupied and generating strong average rents of $1,944 per month, this asset delivers immediate income while leaving room for future growth. Additionally, its rent control-exempt status provides the flexibility to adjust rents as the market evolves, enhancing long-term returns.
For owner-occupants, this property offers a unique house-hacking opportunity. Live in one of the vacant two-bedroom units while renting out the other three, significantly reducing your monthly mortgage compared to market rents for similar units.
The location further elevates this investment. Situated steps from the newly developed Skyland Town Center, the property benefits from proximity to Southeast DC's premier mixed-use development, featuring 275,000 square feet of retail space, residential units, and top-tier retailers like CVS, LIDL, and Starbucks.
This vibrant community hub highlights the neighborhood's growth and potential.
Don't miss the opportunity to own a fully updated, cash-flowing property in a rapidly transforming area. Whether you're looking for immediate returns or long-term appreciation, 2905 30th Street SE is a smart investment in one of DC's most promising neighborhoods.
DCDC2173052
MLSⓇ ID
January 2, 2025
Listed
January 6, 2025
Updated
Map
2905 30th St SE
Washington DC, 20020
Interior Features
Bedrooms
8
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.16 Acres
Architectual Style
Traditional
School Information
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Details
Taxes
$6,602
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking
On Street
View
No
County
WASHINGTON
Water Source
Private
Pool
No
Listed by Greysteel Company LLC
Listing Contact: 2022802722
The IDX display contains information sourced from the Bright MLS, Inc. as of 1/6/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/6/2025 at 3:48 PM UTC