2405 Alabama Ave SE
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2405 Alabama Ave SE
16 Unit Apartment Building $350,000 ($21,875/Unit) Washington, DC 20020
Executive Summary
Agent Remarks: List price is Opening Bid At The Online Only Auction Sale To Be Held on The Auctioneers Website – Bidding begins Wednesday, October 2nd and ends Monday, October 7, 2024 at 1:00PM. See auctioneer's website for broker participation agreement and additional info https://realestate.alexcooper.com/auction-property/1-9J8WSE Please call Auction Agent Jared Block at 443-804-1418 regarding any Auction Information or Pre-Auction Offers. Please review all diligence materials, agreements and addenda in the documents section of the Auctioneers website and bidding platform.
Auction Property. In Cooperation with Alex Cooper Auctioneers. List price is Opening Bid At The Online Only Auction Sale To Be Held on The Auctioneers Website – Bidding begins Wednesday, October 2nd and ends Monday, October 7, 2024 at 1:00PM. Development/Conversion Project for 16 Apartment Units in the "Anacostia" Area of Southeast D.C.**Building Permits and Stamped Plans in Hand** This project involves the transformation of a single-family home into a modern 16-unit apartment building. The building will feature a cellar, four residential floors including a 1st, 2nd, and 3rd floor, along with a penthouse and a rooftop terrace. Each level is thoughtfully designed to offer a range of living options, catering to individuals, roommates, and families alike. The development will house 16 units in a variety of one, two, and three-bedroom configurations. With a total of 7,439 SF of living space, this development combines modern design with smart spatial planning to create a comfortable and inviting residential experience in a prime location.
Auction Property. In Cooperation with Alex Cooper Auctioneers. List price is Opening Bid At The Online Only Auction Sale To Be Held on The Auctioneers Website – Bidding begins Wednesday, October 2nd and ends Monday, October 7, 2024 at 1:00PM. Development/Conversion Project for 16 Apartment Units in the "Anacostia" Area of Southeast D.C.**Building Permits and Stamped Plans in Hand** This project involves the transformation of a single-family home into a modern 16-unit apartment building. The building will feature a cellar, four residential floors including a 1st, 2nd, and 3rd floor, along with a penthouse and a rooftop terrace. Each level is thoughtfully designed to offer a range of living options, catering to individuals, roommates, and families alike. The development will house 16 units in a variety of one, two, and three-bedroom configurations. With a total of 7,439 SF of living space, this development combines modern design with smart spatial planning to create a comfortable and inviting residential experience in a prime location.
Property Facts
| Price | $350,000 | Building Class | B |
| Price Per Unit | $21,875 | Lot Size | 0.32 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 16 | Building Size | 15,000 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Low Rise | Parking Ratio | 0.33/1,000 SF |
| Price | $350,000 |
| Price Per Unit | $21,875 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.32 AC |
| Construction Status | Proposed |
| Building Size | 15,000 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 0.33/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
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zoning
| Zoning Code | RA-1 |
| RA-1 |
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2405 Alabama Ave SE
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