Washington, DC 20002,1944 3RD ST NE

$1,649,500

$1,649,500

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,570 SqFt


SOLD DATE : 07/29/2022

Key Details

Sold Price $1,649,500

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,570 sqft

Price per Sqft $462

Subdivision Eckington

MLS Listing ID DCDC2028692

Sold Date 07/29/22

Style Other

Abv Grd Liv Area 3,570

Originating Board BRIGHT

Year Built 1939

Annual Tax Amount $8,121

Tax Year 2021

Lot Size 7,013 Sqft

Acres 0.16

Property Description

INVESTOR ALERT! 4-Unit Apartment Building with largest lot on the block which allows for more units. Highlights include:
* Located in Eckington
* Large lot with over 7,000 square feet
* Surrounded by new condo developments
* Next door converted units have sold for up to $675,000 / unit
* Building is currently exempt from rent control
* Approved HCVP rents are $5K plus / month for four bedroom units and $2.8k plus / month for two bedroom units with utilities
* Building is comprised of two 3 bedrooms and den units and two 1 bedroom and den units where dens can potentially be converted to additional bedroom
* Building can be delivered vacant
* Large floor plan with large bedrooms
* Basement with storage space
* Building is semi-detached
* Space in rear provides off street parking
* Gas / Electrical / Hot Water separated in each unit
* Low operating expenses
* Upgraded Electrical w/ heavy up and circuit breakers
* Upgraded plumbing
* On site laundry facility in basement
* Walking distance to Metro / Bus transportation
* Situated between major developments (Eckington Yards and Bryant Place)
* Potential double digit cap rates if maintained as rental property
* You can't go wrong whether you convert to condos or maintain as rental property

Don't lose out on the best deal around!
Proof of funding to close required.

Location

State DC

County Washington

Zoning R4

Rooms

Basement Space For Rooms

Interior

Interior Features Ceiling Fan(s), Wood Floors

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Equipment Refrigerator, Stove

Fireplace N

Window Features Double Pane

Appliance Refrigerator, Stove

Heat Source Natural Gas

Exterior

Utilities Available Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Flat

Accessibility 32\"+ wide Doors, 36\"+ wide Halls

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,Plaster Walls

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3565//0078

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Kent Johnson • Fairfax Realty Elite
Bought with Samuel R Davis • Long & Foster Real Estate, Inc.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 223-7234

briahna.savage@exprealty.com

777 Westchester Ave, West Harrison, NY, 10604, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.