16 Galveston Pl Sw, Washington, DC 20032

Washington
Local realty services provided by:ERA Martin Associates
16 Galveston Pl Sw,Washington, DC 20032
$599,000
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  • 7 Beds
  • - Baths
  • 2,800 sq. ft.
  • Multi-family
  • Active
Listed by: nwabueze kenneth okwodu
Office: samson properties
MLS#:DCDC2269264
Source:BRIGHTMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$213.93

About this home

Rare opportunity to acquire a 3-unit property with a low 2.375% FHA assumable loan, originally originated in December 2021 with a maturity date of January 2052. With today’s higher interest rate environment, this assumable financing may offer significant long-term savings compared to obtaining a new loan. This property presents a strong house-hacking opportunity for an owner-occupant. A buyer may choose to live in the spacious 3-bedroom unit while using rental income from the two additional 2-bedroom units to help offset the monthly mortgage payment. Investors and owner-occupants may also explore potential rental strategies, including market-rate rentals or participation in the DC voucher program, subject to all applicable rules, licensing, and buyer due diligence. Property is being sold strictly AS-IS. Asking price reflects the approximate current loan balance. Buyer must also complete all due diligence regarding the Certificate of Occupancy, Basic Business License, rental...

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Home facts

  • Year built:1944
  • Listing ID #:DCDC2269264
  • Added:52 day(s) ago
  • Updated:August 14, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:7
  • Living area:2,800 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Electric, Heat Pump(s)

Structure and exterior

  • Year built:1944
  • Building area:2,800 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$213.93
  • Tax amount:$6,192 (2025)

Parking

  • Parking description:On Street

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