2916 Southern Ave SE Washington, DC 20020

Listing details for 2916 Southern Ave SE, Washington, DC 20020 : RARE 4-UNIT INVESTMENT OPPORTUNITY - FULLY VACANT AND READY FOR YOUR VISION! Excellent opportunity to acquire a four-unit multifamily property offering tremendous income and value-add potential in Washington, DC. The property features an attractive 10-bedroom unit mix consisting of TWO 2-BEDROOM UNITS and TWO 3-BEDROOM UNITS. ALL FOUR UNITS ARE VACANT, giving the purchaser the flexibility to renovate, reposition, and establish new market rents without assuming existing tenant leases. Seller represents there are NO EXISTING TENANTS and NO TOPA RIGHTS associated with current occupancy, subject to buyer verification of applicable DC requirements. Major exterior improvements have already been completed, including a NEW ROOF, NEW SIDING, and NEW FRONT AND REAR EXTERIOR DOORS. The interiors are primarily original but maintained, creating an outstanding opportunity for an investor to modernize the units and potentially increase rental income and overall property value. Whether you're looking to expand your rental portfolio, renovate and reposition a multifamily asset, or take advantage of the property's income-producing potential, this property deserves serious consideration. FOUR UNITS + 10 BEDROOMS + FULLY VACANT + MAJOR EXTERIOR IMPROVEMENTS + STRONG INCOME POTENTIAL! PROPERTY SOLD AS-IS. Buyer to independently verify zoning, licensing, unit configuration, square footage, Certificate of Occupancy, rental potential, TOPA applicability, and intended use.