$880,000
$849,900
3.5%For more information regarding the value of a property, please contact us for a free consultation.
2,700 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $325
Subdivision Hill East
MLS Listing ID DCDC2152252
Sold Date 11/15/24
Style Federal
Abv Grd Liv Area 2,700
Originating Board BRIGHT
Year Built 1977
Annual Tax Amount $9,584
Tax Year 2023
Lot Size 1,979 Sqft
Acres 0.05
Property Description
Welcome to this captivating, cash-producing, two-unit row home nestled in the vibrant heart of Hill East. This property offers a rare opportunity for both homeowners and investors to own a multi-unit building with a pristine position and tremendous potential. Each unit can be rented out, offering incredible flexibility and income-generating potential for the owner or owner-occupant. The upper unit features a spacious and sun-drenched three-bedroom, two-and-a-half-bathroom layout. Original details, such as warm hardwood floors and a charming wood-burning fireplace, add touches of classic elegance. Currently tenanted, the rent from this unit offsets almost $400,000 of the mortgage, which is ideal if you want to live in the ground floor unit. If you choose to live upstairs, rent the lower level as a long or short-term income producer, with its large windows, spacious bedroom, full bathroom, and open kitchen. Both units feature large living spaces, sensational storage, and their own stacked washer and dryer. Additional features include off-street parking for two cars and a deep backyard, ideal for gatherings, barbecues, and urban gardening. Situated in the desirable Hill East neighborhood, this property perfectly blends urban living with neighborhood charm. Enjoy peaceful strolls through the nearby Historic Congressional Cemetery, a haven for leisurely walks, canine companionship, and community events. The local dining scene is vibrant, with delicious options like the newly opened Sala Thai, Duffy’s Irish Bar, and the neighborhood favorite, The Roost. For outdoor enthusiasts, the Anacostia bike trails and RFK Fields are just a short ride away. With the Stadium-Armory Metro station less than a block away, and access to 295 a mere 1 mile east, commuting couldn't be easier. Priced well below taxable value (a true rarity in DC) at an amazing $314/sf, you’ll be hard-pressed to find a better value in the city. Don’t miss out on this incredible opportunity to own a multi-unit building with endless income-generating options. This property is a perfect blend of comfort, convenience, cash flow, and community, just waiting for you to make it your own.
Location
State DC
County Washington
Zoning RF-1
Interior
Interior Features 2nd Kitchen, Combination Dining/Living, Kitchen - Galley, Wood Floors, Ceiling Fan(s)
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Wood
Equipment Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
Appliance Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Built-Up
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Payne
Middle Schools Eliot-Hine
High Schools Eastern
School District District Of Columbia Public Schools
Others
Tax ID 1110//0089
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Angelo Industrious • Keller Williams Capital Properties
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Broker-Owner | Lic# RM423246