2303 S Street SE ***PRICE REDUCTION $599, 000***EXCELLENT OPPORTUNITY FOR INVESTOR OR FIRST TIME HOMEBUYER***Welcome to 2303 S Street SE a FOUR unit apartment building located in the subdivision of Randal Heights, Washington DC. At current, each unit offers 1 bedroom/1 bath. Lot size: 5, 437 s/f; Zoning R-3; Total building s/f of 2, 592. Off-street parking for 2+ vehicles. Two units are "turnkey" with updated flooring, freshly painted and stainless-steel appliances. Exterior in need of some repairs. Excellent investment property. BUILDING IS FULLY DETACHED. EASY CONVERSION TO 2-BEDROOM UNITS WITHOUT ADDING TO FOOTPRINT. Potential fair market rent per unit is $1, 500 per month. Expenses: Property Taxes $5, 200; Maintenance Fees $6, 000; Management Fees: $6, 000; Property Insurance: $4, 800; Reserves: $8, 000; NOI: $42, 000; Cap Rate: 7%. BUILDING IS VACANT.