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Property Description

Calling all investors and owner-occupants! 449 Mellon Street SE presents an exceptional opportunity to own in the rapidly transforming Congress Heights neighborhood. With the redevelopment of the St. Elizabeths campus well underway and plans moving forward for the RFK Stadium site, this area is poised for continued growth and long-term upside. For investors, the property offers a strong projected 10% cap rate, making it a high-performing asset in a developing market. For owner-occupants, take advantage of financing options with as little as 3% down, while the income from the remaining three units significantly offsets your mortgage. Unit #3 is vacant! Additional benefits include the potential for cost segregation, real estate depreciation, and the ability to leverage your investment for future portfolio growth. Whether youre looking to expand your portfolio, house hack, or secure your primary residence with built-in income, this property checks all the boxes. Schedule your private tour of 449 Mellon Street SE today and capitalize on this rare opportunity.

WashingtonDistrict of Columbia
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USA
DC
Washington
20032
20032

449 Mellon Street SE

Washington, District of Columbia, 20032, United States

2,848 Sqft
$599,900
Listing ID #1906744
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1906744
Ref ID : 511fa38b-7103-43e3-a45c-10a629fe7c23
Price : $599,900
Square Footage : 2,848 Sqft
Lot Area : 4,791.60 Sqft
MLS : DCDC2213294
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Agent info
  • Taelor Salmon
  • 613-Coldwell Banker Realty - Mid-Atlantic
Contact Agent


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