$900,000
UNDER CONTRACT

1500 Oates St NE Washington, DC 20002

Trinidad Neighborhood

Estimated payment $5,160/month

Total Views 3,580
-- Bed
-- Bath
3,602 Sq Ft
$250 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 1 Detached Carport Space
  • Radiator
  • Patio
  • Central Air
  • 4-minute walk to Trinidad Recreation Center

About This Home

WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!!

Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units.

Either way, you win! Sooooo many options.
This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all
AN AWESOME LOCATION, LOCATION, LOCATION!!!

***Showing will be by Appointment only, with the Listing agent.*****


As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases.
This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more.

I look forward to the excitement on your face, once you see this place!

No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!!

Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!!

Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.

Listing Agent

Lorence Ottley

Sellstate Dominion Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1938

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Patio
  • 5,312 Sq Ft Lot

Community Details

  • 4 Units
  • Trinidad Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4075//0171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-05-03
  • Year Built: 1938
  • Automatically Close On Close Date: No
  • Remarks Public: WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! ***Showing will be by Appointment only, with the Listing agent.***** As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!! Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.
  • Special Features: UnderContract

Interior Features

  • Appliances: Dryer - Electric, Refrigerator, Stove, Washer
  • Foundation Details: Other, Concrete Perimeter
  • Total Sq Ft: 3738
  • Living Area Sq Ft: 3602
  • Price Per Sq Ft: 249.86
  • Above Grade Finished Sq Ft: 3602
  • Below Grade Sq Ft: 136
  • Total Below Grade Sq Ft: 136
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1500

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Number Of Detached Carport Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Detached Carport, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 5,312
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5312.00
  • Outdoor Living Structures: Patio(s)
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: UNKNOWN
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1645.00
  • Assessor Parcel Number: 4075//0171
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Price Changed $900,000 -28.0% $250 / Sq Ft
07/18/2024 07/18/24 Price Changed $1,250,000 -16.7% $347 / Sq Ft
05/02/2024 05/02/24 For Sale $1,499,999 0.0% $416 / Sq Ft
08/06/2021 08/06/21 Rented $1,450 0.0% --
08/03/2021 08/03/21 Under Contract -- -- --
06/24/2021 06/24/21 For Rent $1,450 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2137458

Bright MLS

APN: 4075 0171

District of Columbia District of Columbia County Washington 20002 Trinidad

1500 Oates St NE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 1500 Oates St NE, Washington, DC 20002 and is currently priced at $900,000, approximately $249 per square foot. This property was built in 1938. 1500 Oates St NE is a home located in District of Columbia with nearby schools including Wheatley Education Campus, Dunbar High School, and Center City PCS - Trinidad.

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Lorence Ottley
Listing Agent
Lorence Ottley
Section Image
Sellstate Dominion Realty
(301) 792-0362