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    625A Chesapeake St SE, Unit 202 Washington, DC 20032

    For Sale
    $98,000

    2-bedroom condo in Congress Heights, ideal for renovation or rental.

    Property size:
    785 SF

    Property Features for 625A Chesapeake St SE

    General Information

    Size
    785 SF

    Building Details

    Year built
    1960

    Source: Keller Williams Capitol Properties Agent Cherice Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Congress Heights Condo Investment Opportunity

    Located in the Magnolia Condominium community in Congress Heights, this unit offers an opportunity for renovation, flipping, or long-term investment. The 2-bedroom, 1-bathroom unit is positioned in a growing D.C. neighborhood, minutes from the Congress Heights Metro (Green Line), providing access to downtown D.C., Joint Base Anacostia-Bolling, The Wharf, Nationals Park, and National Harbor. The property is suitable for commuters and city dwellers. The unit has a size of 785 square feet. The condo resale package is the buyer’s responsibility and is priced at $350. Conventional financing with 15% or higher down payment is required.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.99789
    Latitude
    38.829145

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    FAQs

    What type of property is this?
    Apartment building - 2-bedroom condo in Congress Heights, ideal for renovation or rental.
    Where is this apartment building located?
    The property is located at 625A Chesapeake St SE, Unit 202 Washington, DC.
    What is the asking price?
    The asking price for this property is $98,000.
    What are key features of this property?
    This property features: - Prime location in the rapidly developing Congress Heights neighborhood.; - Close proximity to the Congress Heights Metro (Green Line) providing easy access to downtown D.C.; - Ideal investment opportunity for renovation, flipping, or long-term rental income.
    (301) 664-4046
    Request Owner's contact information
    625A Chesapeake St SE, Unit 202 Washington, DC 20032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    625A Chesapeake St SE, Unit 202 Washington, DC 20032
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