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For sale
  • $793,700

    11 Galveston Pl SW, Washington, DC 20032

    4beds
    --baths
    2,720sqft
    : 
    Duplex
    Built in 1943
    -- sqft lot
    $-- Zestimate®
    $292/sqft
    $-- HOA

    What's special

    Corner lotUnfinished basementExpansive land
    Turnkey Investment Opportunity – 11 Galveston Place, Washington, D.C. A prime, income-generating property in the rapidly growing Congress Heights (Sub-Neighborhood A, Ward 8)! 11 Galveston Place is a corner lot featuring two fully rented 3-bedroom, 2-bathroom apartments, both occupied by long-term tenants through the DC Housing Choice Voucher Program, ensuring immediate and stable cash flow from day one. Key Property Features: ✅ Corner Lot with Expansive Land – Offers ample outdoor space and potential for future development or enhancements. ✅ Unfinished Basement with Rental Potential – Convert into an additional income-generating unit or use for storage/flex space. ✅ Fully Rented with Guaranteed Income – Government-backed rental payments provide consistent, reliable cash flow. ✅ Long-Term, Stable Tenants – One tenant has been in place for over 7 years The second tenant has been there for over 1 year Proven rental stability with tenants who have maintained their leases long-term. ✅ Spacious 3BR/2BA Units – Well-designed apartments that attract and retain tenants. ✅ Proximity to Major Employment Centers – Located minutes from key federal and military institutions, ensuring a strong and consistent rental demand: Joint Base Anacostia-Bolling U.S. Naval Research Laboratory United Medical Center New Homeland Security Main Campus Upcoming ATF Headquarters A Smart Investment in a High-Growth Area Congress Heights is experiencing major redevelopment, making it one of D.C.’s fastest-growing and appreciating neighborhoods. With infrastructure improvements, new federal and private-sector investments, and increasing property values, this is a prime opportunity for investors seeking long-term appreciation and cash flow stability. 💰 Built-in equity, expansion potential, and a high-demand rental market—don’t miss out! Asking Price: $793,700
    60 days
    on Zillow
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    81
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    4
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    Zillow last checked: 7 hours ago

    Listing updated: April 21, 2025 at 09:28am

    Listed by:

    NWABUEZE OKWODU 301-559-2872,

    Samson Properties

    Source: Bright MLS,MLS#: DCDC2187598MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 612
    Heating
    • Hot Water, Electric
    Cooling
    • None, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,332
    • Total interior livable area: 2,720 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,414 Square Feet
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 6239//0067
    • Zoning: R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    Condition
    • Good
    • New construction: No
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Washington

    Financial & listing details

    • Price per square foot: $292/sqft
    • Tax assessed value: $538,460
    • Annual tax amount: $4,372
    • Date on market: 3/1/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
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