SECTION 8 = $2650+ Possible rental estimate

Anacostia 3 Bed Condo – Washington, DC

Deal Snapshot

• Ask: $135,000
• Buy Now: $139,000
• ARV: $200,000
• Beds/Baths: 3 beds / 2 baths
• SQFT: 941 total
• Year Built: 1967
• Style: Garden condo
• Unit Entry Floor: 3
• Parking: 1 assigned parking space
• Condo Fee: $350/month
  • Fee Includes: Parking fee, snow removal, trash, water
• Taxable Assessment: $170,410
• Annual Taxes: $1,320
• County: Washington, DC

Why This Deal Works

• Rare 3 bed / 2 bath condo layout in this part of Southeast DC
• Low entry point at $135K ask / $139K buy now
• Priced below taxable assessment
• 941 sqft with open living/dining layout
• In-unit washer and dryer
• Central A/C and forced air heat
• Assigned parking space
• Water and trash included in condo fee
• Voucher rental angle worth testing after cleanup
• Recent 3BR sales support the resale story

Property Overview

This is a 3 bed / 2 bath garden condo in the Anacostia area of Southeast DC. The unit has an open living/dining setup, wood floors, central A/C, in-unit laundry, assigned parking, and a practical layout for either resale or rental demand.

The 3-bedroom count is the main draw. Larger bedroom-count condo units in this price band are limited, and the 2-bath layout gives this one stronger rental utility than a standard 2/1 condo.

Condition

Interior

• Cleanable overall condition
• Dated in areas
• Wood floors throughout main areas and bedrooms
• Open living/dining layout
• Kitchen has upgraded countertops and stainless appliances
• In-unit laundry in place

Systems

• Central A/C
• Forced air heat
• Natural gas heat and hot water
• Public water and sewer
• Electrical panel appears updated

Exterior / Building

• Garden-style condo building
• 3rd-floor entry
• Assigned parking
• Common building access

Detailed Scope By Room / Area

Living / Dining

• Open layout
• Wood floors
• Good natural light
• Direct connection to kitchen area

Kitchen

• Functional footprint
• Upgraded countertops
• Stainless appliance package
• Open pass-through feel into main living space

Bathrooms

• 2 full baths
• Functional layout
• Good utility for rental demand

Bedrooms

• 3-bedroom layout
• Wood floors
• Practical room count for the building and area

Laundry / Utilities

• Washer and dryer in unit
• Central mechanical setup
• Utility profile supports a rental hold

Exit Strategy

• Buy and Hold: Best fit
• Section 8 / Voucher Rental: Strong potential angle, subject to rent reasonableness and final program approval
• Flip / Resale: Works with low basis and 3BR scarcity

ARV

ARV $200,000. Support includes 1601 Gainesville St SE #201 at $219K and 2605 Douglass Rd SE #102 pending at $281K. The value here is tied to the rare 3 bed / 2 bath layout, assigned parking, in-unit laundry, and low basis.

Rental Positioning

This should be positioned as a voucher-friendly buy-and-hold candidate. The 3-bedroom count gives it a stronger rental angle than the typical smaller condo unit in this pocket. Final rent should be verified through DCHA rent reasonableness and the assigned voucher size.

Terms / Next Steps

• Access by appointment
• $10k EMD required
• Sold as-is
• Closing with Brennan Title