Washington, DC 20032,58 GALVESTON PL SW
Washington, DC 20032,58 GALVESTON PL SW
Washington, DC 20032,58 GALVESTON PL SW
Washington, DC 20032,58 GALVESTON PL SW
Washington, DC 20032,58 GALVESTON PL SW
Washington, DC 20032,58 GALVESTON PL SW
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$899,000

$899,900

0.1%
Est.Price: ?

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Est. payment /mo

2,800 SqFt


SOLD DATE : 09/26/2024

Key Details

Sold Price $899,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $321

MLS Listing ID DCDC2144856

Sold Date 09/26/24

Style Colonial

Abv Grd Liv Area 2,800

Originating Board BRIGHT

Year Built 1944

Annual Tax Amount $6,410

Tax Year 2023

Lot Size 4,300 Sqft

Acres 0.1

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.

Location

State DC

County Washington

Zoning R-2

Rooms

Basement Partially Finished

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 6239/S/0013

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Bank Portfolio, Cash, Conventional

Listing Terms Bank Portfolio, Cash, Conventional

Financing Bank Portfolio,Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sam Nassar • Compass
Bought with Paulina Gomez • KW Metro Center
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20251 Century Blvd Suite 125, Germantown, MD, 20874

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