2493 Alabama Avenue SE Washington, DC 20020

Large four unit in Randle Heights that's surrounded by development! Building is adjacent to two new construction multifamily buildings and less than 0.5mi away from Skyland Town Center. Three of the four units are occupied. Rents are around $1,000/month each. Units are all 2 bedroom / 1 bath but... all can be reconfigured to add another bedroom. We know of nearby properties getting $2,500/month through the voucher program for 3 bedroom / bath units! Finished square footage is 3,360 per tax records and the unfinished basement is another approximately 1,680 square feet. Zoning is RA-1 so it may be possible to add units in the basement. Lot is 4,292 SF. Continue reading