145 GALVESTON PL SW Washington, DC 20032
2,720 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $174
MLS Listing ID DCDC2240284
Style Colonial
Abv Grd Liv Area 2,720
Year Built 1943
Available Date 2026-01-28
Annual Tax Amount $5,017
Tax Year 2025
Lot Size 4,536 Sqft
Acres 0.1
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
This fully renovated property currently generates $4,000/month in gross rental income and is anchored by three long-term tenants with a proven history of on-time payments, providing immediate and reliable cash flow. Existing rents offer future upside, with the opportunity to strategically adjust rates toward market value over time. One unit is expected to become available, creating flexibility for lease-up at current market rates or potential owner-occupancy.
Designed for efficient ownership, the property features separately metered utilities and exceptionally low owner expenses of approximately $150/month for water and common-area electricity. Renovations include restored hardwood floors, updated kitchens, modern finishes, abundant natural light, private decks, and a rear porch.
The four-unit configuration appeals to both investors and owner-occupants, offering the potential to occupy one unit while rental income from the remaining units helps offset ownership costs.
Ideally situated near Joint Base Anacostia-Bolling, Entertainment and Sports Arena, and the planned RFK Stadium redevelopment, the property benefits from strong rental demand drivers and convenient access to I-295, I-395, I-695, and I-495.
A rare opportunity to acquire a renovated, income-producing multifamily asset with immediate cash flow, value-add potential, and long-term appreciation prospects in one of Washington, DC's emerging growth corridors. Photos may be virtually staged.
Location
State DC
County Washington
Zoning R5A
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2720
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Patterson
Middle Schools Hart
High Schools Ballou
School District District Of Columbia Public Schools
Others
Tax ID 6239//0092
Ownership Fee Simple
SqFt Source 2720
Special Listing Condition Standard
Virtual Tour https://www.canva.com/design/DAG_zv4Z_SM/GDayG2D4s27ygvCBMdAYBA/watch
Steve Vargas
Team Leader/ Associate Broker/ Owner of A Refined Mindset Coaching | License ID: 0225224352-Virginia 678920-Mar