PRICE DROP! Value-add opportunity in Woodridge. TOPA has been cleared, ready to close. Seller may be able to assist with vacating the building. 2513 22nd St NE (2 units) and 2515 22nd St NE (4 units) are both being sold for a total price of $1,200,000.
All 6 units across both buildings are configured as one bedroom + den / one bath apartments but it is possible to add bedrooms in all units. The buildings have large unfinished basements that can be converted into living space. There is currently 1 vacant unit, the other 5 are occupied. In-place rents range between $750/month and $1,384/month. DCHA's rent reasonableness rent estimator tool has 3 bedrooms at $3,261/month. Pro forma annual rents on the high end are almost $235,000!
Units are in good condition but dated. Electric and gas are separately metered. The lot is large and deep, measuring 7,500 SF. Zoning for both parcels is R-1B. Contact us today with any questions!
3,800 Sq Ft
3,750 Sq Ft Exterior Space
Investment
$4,208 Annual Tax
Built in 1941
MLS/Listing ID DCDC2173368
4 Units
Listing Courtesy of KELLER WILLIAMS CAPITAL PROPERTIES, STEFAN ROSU - 703-297-2730
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 05/13/2025.
Source: Bright Multiple Listing Service, Inc.
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