DC > Washington > Congress Heights
Washington, DC 20032,430 CONDON TER SE
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Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
Washington, DC 20032,430 CONDON TER SE
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Ram Bala

Ram Bala

+1(703) 403-5338
Listed by Marc Cashin • Corcoran McEnearney
$ 11,500
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Active

430 CONDON TER SE Washington, DC 20032

3 Beds

1 Bath

3,440 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Rent

Square Footage 3,440 sqft

Subdivision Congress Heights

MLS Listing ID DCDC2212528

Style Contemporary

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 2,640

Year Built 1950

Lot Size 3,440 Sqft

Acres 0.08

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

***Master Lease Opportunity*** Turn the key on a fully-revitalized five-residence building that sits just uphill from the momentum of Congress Heights. Taken down to the studs between 2019 and 2020, more than $450,000 was invested to deliver five legal 3-bed/1-bath apartments, each with its own washer-dryer, central HVAC, stainless appliances, new windows, recessed lighting and fresh flooring. A new TPO roof, all-new framing, plumbing, electrical, insulation (even the crawl space), exterior railings, fencing and a concrete basement slab complete a head-to-toe rebuild designed for decades of low-maintenance ownership.

The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center.

At roughly 2,640 SF of rentable interior space, the property's efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one.

Whether you're targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District.

C of O, Basic Business License, and building floor plan available upon request

Location

State DC

County Washington

Zoning R-3

Rooms

Main Level Bedrooms 3

Interior

Hot Water Natural Gas

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Pets Allowed Y

Senior Community No

Tax ID 6154//0817

Ownership Other

SqFt Source Assessor

Pets Allowed Case by Case Basis

Bright MLS (BMLS)
agent

Ram Bala

Agent | License ID: VA:0226036501 MD:576134

+1(703) 403-5338

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