4342 Halley Ter Se, Washington, DC 20032

$600,000
2,578
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$600,000
Status
ACTIVE
MLS#
DCDC2287120
Living Area
2,578
Lot Size (Acres)
0.07
Style
Other
Year Built
1943
County
Washington
School District
District Of Columbia Public Schools

Property Description

PRIME 4-UNIT INCOME-PRODUCING INVESTMENT OPPORTUNITY IN SOUTHEAST DC! Welcome to 4342 Halley Terrace SE, a well-maintained 4-unit multifamily property offering exceptional income potential, flexibility, and long-term investment upside in Washington, DC! This property features four 1-bedroom units, two of which include additional den, that provide flexible living space. The building is in great condition and has a strong history of rental income, generating as much as $7,000 per month. THREE OF THE FOUR UNITS ARE CURRENTLY VACANT and being used for short-term rentals, presenting a tremendous opportunity for investors to establish their own rental strategy, select new tenants, and maximize income potential. This is also an ideal opportunity for an owner-occupant looking to live in one unit while generating rental income from the remaining three units, to help offset their mortgage and build long-term equity. Looking for even more upside? The property also features a basement with potential for conversion into an additional unit, subject to the necessary zoning, permitting, and regulatory approvals. This creates an exciting value-add opportunity for buyers seeking to increase the property's functionality and future income potential. Whether your strategy is traditional long-term rentals, furnished housing, or exploring short-term rental opportunities where legally permitted, this property offers tremendous versatility. LOCATION IS EVERYTHING! Conveniently located near public transportation and just minutes from Navy Yard, Nationals Park, MGM National Harbor, shopping, dining, entertainment, and major commuter routes providing easy access throughout DC, Maryland, and Virginia. With three vacant units, historical income potential, a well-maintained building, and opportunities for future expansion, 4342 Halley Terrace SE is a rare opportunity to purchase a multifamily property with both immediate flexibility and long-term wealth-building potential.** LIVE IN ONE. RENT THE OTHERS. BUILD WEALTH. Schedule your private showing today and explore the possibilities!

Additional Information

School District
District Of Columbia Public Schools
Exterior Features
Sidewalk, Other
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer
Basement
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Maverick Realty, LLC. Contact: