1014 17th St NE Washington, DC 20002
Langston NeighborhoodEstimated payment $5,957/month
Highlights
- Federal Architecture
- Hot Water Heating System
- Level Lot
About This Home
This four-unit building offers an amazing development opportunity, a buy-and-hold opportunity, or fits the home hack investor looking to build equity as an owner-occupant. RA-2 zoning permits moderate and medium-density rowhouses and apartments. By right FAR of 1.8 + additional 0.4 FAR in a penthouse, building height of 50', and lot occupancy of 60% on the 4,214 sq ft lot. Buildings at 1010 and 1022 17th Street NE show the density potential of 10+ units. Currently arranged as a four-unit building, all 2 BR and 1 BA units. Fully tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can vacate one unit for easy move-in, offset expenses with rental income, and build equity fast.
The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,843
Year Built
- Built in 1936
Lot Details
- 4,212 Sq Ft Lot
- Level Lot
- Property is in average condition
Home Design
- 3,272 Sq Ft Home
- Quadruplex
- Federal Architecture
- Side-by-Side
- Brick Exterior Construction
- Slab Foundation
Parking
- 4 Parking Spaces
- 4 Off-Street Spaces
- On-Street Parking
Schools
- Browne Education Campus Elementary And Middle School
- Eastern High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Underground Utilities
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 802
- Assessor Parcel Number 4473//0802
Community Details
Overview
- 4 Units
- Building Winterized
- Trinidad Subdivision
Building Details
- Income includes apartment rentals
- Gross Income $63,720
- Net Operating Income $48,388
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/20/2025 02/20/25 | For Sale | $950,000 | 0.0% | $290 / Sq Ft |
02/20/2025 02/20/25 | Off Market | $950,000 | -- | -- |
12/19/2024 12/19/24 | For Sale | $950,000 | -- | $290 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2167280

APN: 4473 0802
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