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$899,000
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Property Description
Presenting 58 Galveston Place SW, a compelling investment opportunity featuring a development of four luxury units in the vibrant Congress Heights community. These meticulously designed residences offer upscale urban living within close proximity to the Entertainment Sports Arena, Gateway DC, Congress Heights Art & Cultural Center, and National Harbor. The allure of sophistication and energy is evident in each space, making this an enticing investment prospect. Of the four units, three boast 3 bedrooms and 1 bathroom, while the fourth unit features 2 bedrooms and 2 bathrooms, catering to a diverse range of potential tenants. Each unit offers approximately 815 square feet of living space, re-engineered wood flooring, quartz countertops, white shaker style cabinets, and stainless-steel appliances, ensuring an attractive modern living environment. The building is currently 100% vacant, presenting an opportunity for investors to capitalize on this prime real estate. Additionally, voucher rent support is available at $1,893 per month for each 3-bedroom unit and $1,360 per month for the 2-bedroom/2-bath unit, resulting in a total monthly income of $7,039. This is a compelling chance for savvy investors to acquire a lucrative property in a sought-after location. Don't miss out on the potential of 58 Galveston Place SW as a rewarding addition to your investment portfolio.
Full Property Details
Full Property Details for 58 Galveston Pl SW
General
- Sold For: $899,000
- Taxes: $6,410 (2023)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2144856
- Added to Site: 159 day(s) ago
Interior
- Number of Rooms: 18
Parking
- Parking Type: None
Location
- County: Washington
- Driving Directions: 295 South to South Capitol Street; Right on South Capital; Right on MLK; Left on Galveston Place (Across from Bridgepoint/Hadley Hospital)
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Square Feet: 3,290
- Sq. Ft. Source: Assessor
- Living Area: 2,800 Sq. Ft.
- Year Built: 1944
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 3
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,300
- Lot Size Source: Assessor
- Zoning: R-2
Financial Considerations
- Price Per Sq. Ft.: $321.39
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $754,120
- Tax Amount: $6,410
- Tax Year: 2023
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2800
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 13
Listed by Compass, Sam Nassar
Sold by KW Metro Center, Paulina Gomez and KW Metro Center, Raneem Nassar
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Schools
Schools serving 58 Galveston Pl SW
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4399 S Capitol Ter Sw, Washington, DC 20032 | PK-5 | 0.2 mi | |
601 Mississippi Ave Se, Washington, DC 20032 | 6-8 | 1.1 mi | |
3401 4th St Se, Washington, DC 20032 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 58 Galveston Pl SW
Date
Details
Price
Change
Source
9/26/2024
Sold
$899,000
-0.1%
MLS
6/04/2024
Listed
$899,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
58 Galveston Place SW, Washington, DC 20032 (MLS# DCDC2144856) is a Multi-Family property that was sold at $899,000 on September 26, 2024. Want to learn more about 58 Galveston Place SW? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.