Investor Alert!! Great opportunity and potential for immediate cash flow. Multi-family 4 unit apartment building with one vacant unit in Congress Heights. Unit #1 is available for immediate showings. Each unit 1bd/1ba with a traditional floor plan layout. Units are separately metered for utilities. Don't miss this opportunity and book your showing online today! FYI, The Current certificate of occupancy is 4 units and yet the building currently offer a 5th unit in the basement
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1944
Living Area: 3,321 SqFt
Listing Office:
Office Name: Keller Williams Capital Properties
Office Phone: (202) 243-7700
Listing Agent: Abel M Gebremichael
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: Wall Unit(s)
School Info
Assigned Schools Information:
Ballou High School, Public District Grades 9-12
Hart Middle School, Public District Grades 6-8
Patterson Elementary School, Public District Grades EE-5
Other
Directions Information:
Directions: Refer to Google Maps / GPS
Price Information
Listing Price Info
Price Summary:
List Price: $599,000
Price Per SqFt: $180/SqFt
Tax Information:
Annual Amount: $3,095
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $55.1K less than the Median Sold Price and $331/SqFt less than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2089618
Listing Office:
Office Name: Keller Williams Capital Properties
Office Phone: (202) 243-7700
Listing Agent: Abel M Gebremichael
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,057
Per Month
Principal & Interest
$2,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,862
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Patterson Elementary School
4399 S Capitol Ter SW
Distance between this listing and this school0.13 miles
Public District Grades EE-5
Middle School
5
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school1.08 miles
Public District Grades 6-8
High School
2
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school1.07 miles
Public District Grades 9-12
Assigned Schools
2
/10
Patterson Elementary School
4399 S Capitol Ter SW
Distance between this listing and this school0.13 miles
Public District Grades EE-5
Nearby Schools
4
/10
Leckie Elementary School
4201 Ml King Jr Ave Sw
Distance between this listing and this school0.28 miles
Public District Grades EE-5
6
/10
Ingenuity Preparatory Public Charter School
4600 Livingston Rd SE
Distance between this listing and this school0.42 miles
Public Charter Grades PK-KG
Assigned Schools
5
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school1.08 miles
Public District Grades 6-8
Nearby Schools
4
/10
Achievement Preparatory Academy Public Charter School
908 Wahler Placese
Distance between this listing and this school1.10 miles
Public Charter Grades 4-8
8
/10
Center City Congress Heights Campus Public Charter School
220 High View Placese
Distance between this listing and this school1.17 miles
Public Charter Grades PK-8
Assigned Schools
2
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school1.07 miles
Public District Grades 9-12
Nearby Schools
3
/10
National Collegiate Preparatory Public Charter School
4600 Livingston Rd SE
Distance between this listing and this school0.42 miles
Public Charter Grades 9-12
4
/10
Friendship Public Charter School Tech Preparatory
620 Milwaukee Placese
Distance between this listing and this school1.69 miles
The neighbors living near this home have an average income of $42,754. The majority of Washington, DC residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 77 Forrester St SW in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 3,321 square foot home, which was built in 1944, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 07, 2023 and is currently priced at $599,000.
While more than 124 listings in Washington, DC in March 2024 were sold above asking price, there were more than 119 listings sold at asking price, and more than 177 were sold below. The number of homes for sale in Washington, DC increased by 6.8% between February 2024 and March 2024. In March 2024 median list price was $654,103 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.