$1,400,000
UNDER CONTRACT

1905 2nd St NE Washington, DC 20002

Eckington Neighborhood

Estimated payment $8,490/month

Total Views 4,067
-- Bed
-- Bath
2,944 Sq Ft
$476 Price per Sq Ft

About This Home

THE OPPORTUNITY:
1905 2nd Street NE is a four-unit property located in the heart of Eckington, with three two-bedroom/one-bathroom units and one one-bedroom + den unit. The Property has been fully renovated
with high end finishes as of this month, and will convey vacant for ease of transaction. This beautifully renovated building in the burgeoning area of Eckington is a fantastic opportunity for both live-in occupants and local investors, alike.

TURNKEY ASSET:
1905 2nd Street NE will deliver completely renovated with high- end finishes, including: Frigidaire Appliances, Arabesque Quartz Countertops, Italian Porcelain Bathroom Tiles, and Recessed Lighting throughout. New HVAC systems (central heat and air conditioning), and in-unit washer dryers are also big attractors for new residents. New ownership will have the benefit of minimal capital expenditures moving forward, as a result of these recent improvements.

TOPA-EXEMPT:
Since the 1905 2nd Street NE will convey vacant, a new buyer would be able to quickly close the transaction without the encumbrance of extended closing timelines associated with the Tenant Opportunity to Purchase Act (TOPA). New ownership will also be able to tenant the property as they see fit, further adding to the ease of ownership moving forward.

RENT CONTROL EXEMPT:
Being under five units, the asset is not subject to restrictive Rent Control laws and the inefficiencies associated with ensuring compliance. As rents continue to rise, ownership will have the ability to match future rents with the market.

BUILD EQUITY AT A DISCOUNT:
With the number of loan products out there for first time buyers, new ownership will have the ability to build equity at a discount compared to local rents. Occupy a two-bedroom unit while renting out the other three units and pay significantly less in monthly mortgage than market rent for this unit type.

Listing Agent

Ari Firoozabadi

Greysteel Company LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,286

Year Built

  • Built in 1938 | Remodeled in 2024

Lot Details

  • 2,571 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • AirLite
  • Brick Exterior Construction

Utilities

  • Central Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Private Sewer

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 3565//0047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,286

Year Built

Built in 1938 | Remodeled in 2024

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Airlite
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: THE OPPORTUNITY: 1905 2nd Street NE is a four-unit property located in the heart of Eckington, with three two-bedroom/one-bathroom units and one one-bedroom + den unit. The Property has been fully renovated with high end finishes as of this month, and will convey vacant for ease of transaction. This beautifully renovated building in the burgeoning area of Eckington is a fantastic opportunity for both live-in occupants and local investors, alike. TURNKEY ASSET: 1905 2nd Street NE will deliver completely renovated with high- end finishes, including: Frigidaire Appliances, Arabesque Quartz Countertops, Italian Porcelain Bathroom Tiles, and Recessed Lighting throughout. New HVAC systems (central heat and air conditioning), and in-unit washer dryers are also big attractors for new residents. New ownership will have the benefit of minimal capital expenditures moving forward, as a result of these recent improvements. TOPA-EXEMPT: Since the 1905 2nd Street NE will convey vacant, a new buyer would be able to quickly close the transaction without the encumbrance of extended closing timelines associated with the Tenant Opportunity to Purchase Act (TOPA). New ownership will also be able to tenant the property as they see fit, further adding to the ease of ownership moving forward. RENT CONTROL EXEMPT: Being under five units, the asset is not subject to restrictive Rent Control laws and the inefficiencies associated with ensuring compliance. As rents continue to rise, ownership will have the ability to match future rents with the market. BUILD EQUITY AT A DISCOUNT: With the number of loan products out there for first time buyers, new ownership will have the ability to build equity at a discount compared to local rents. Occupy a two-bedroom unit while renting out the other three units and pay significantly less in monthly mortgage than market rent for this unit type.
  • Special Features: 130

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 3098
  • Living Area Sq Ft: 2944
  • Price Per Sq Ft: 475.54
  • Above Grade Finished Sq Ft: 2944
  • Below Grade Sq Ft: 154
  • Total Below Grade Sq Ft: 154
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1905

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: Circuit Breakers
  • Heating Fuel: Central
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Private

Schools

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

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2571.00
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8286.00
  • Assessor Parcel Number: 3565//0047
  • Tax Lot: 47
  • Tax Total Finished Sq Ft: 2944
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

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
03/03/2025 03/03/25 For Sale $1,400,000 -- $476 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2187902

Bright MLS

APN: 3565 0047

District of Columbia District of Columbia County Washington 20002 Eckington

1905 2nd St NE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 1905 2nd St NE, Washington, DC 20002 and is currently priced at $1,400,000, approximately $475 per square foot. This property was built in 1938. 1905 2nd St NE is a home located in District of Columbia with nearby schools including Langley Elementary School, McKinley Middle School, and Dunbar High School.

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Listing Agent
Ari Firoozabadi
Section Image
Greysteel Company LLC