Upper Marlboro - Frank Godfrey
1/1
Listing Courtesy Of: Samson Properties, 2029380228, Kendell Simpson
Local Realty Services Provided By: Keller Williams Capitol Properties
Overview
What It'll Cost
Neighborhood
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$450,000
242 OAKWOOD ST SE, WASHINGTON, DC 20032
2,484 sq ft
.11 ac
$450,000

242 OAKWOOD ST SE, WASHINGTON, DC 20032

Estimation provided by Keller Williams Realty Inc.
2,484 sq ft
.11 ac
ACTIVE UNDER CONTRACT
For Sale

Property Description

Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, there’s an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next owner to add modern updates and possibly reconfigure into two larger units for a more tailored rental portfolio. Located in the heart of Congress Heights, close to transit, shopping, and city amenities. Don't miss this value-add investment with endless possibilities!

Property Details

Compare This Home
Overview
Property Type
Other
Property Size
2,484 sq ft
Year Built
1943
Days on Site
137 Days
HVAC
Heating: Hot Water, Heating Fuel: Electric
Parking
Yes
The Godfrey Group
Upper Marlboro
MD533395 - DC SP102023

Activity History

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0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $450,000
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Price & Tax History

Date
Event
Price
12/05/2024
Listed
$450,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$3,578
(+2.02%)
$404,350
Land 155,050 + Additions 249,300
2023
$3,508
(+25.98%)
$404,350
Land 155,050 + Additions 249,300
2021
$2,784
(+7.77%)
$327,580
Land 144,110 + Additions 183,470
2020
$2,584
(+4.94%)
$303,950
Land 135,970 + Additions 167,980
2019
$2,462
(+9.5%)
$289,640
Land 133,020 + Additions 156,620
2017
$2,248
$270,760
Land 126,300 + Additions 144,460
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
The Godfrey Group
Upper Marlboro
MD533395 - DC SP102023

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