$595,000
SOLD OCT 17, 2024
-- Bed
-- Bath
2,800 Sq Ft
7,513 Sq Ft Lot

Recently Sold

$212 Per Sq Ft

12% Below List Price

54 Days on Market

Highlights

  • 0.17 Acre Lot
  • Traditional Architecture
  • Hot Water Heating System

About This Home

As of October 2024

Multi-family investment opportunity in prime location. This 4 -unit is vacant with 2 beds/1 bath in each unit. Ready for a little TLC, start earning $1,800 - $2,000 each unit. Total Income potential $7K-$8K/month. Investors with a vision, zoned RA-1, which allows you to build an extra floor making this gem three levels, creating the potential to generate more rental income, up to $10K/month. Great location for tenants, property is within walking distance to Skyland Town Center, shops, restaurants and grocery stores. Randal Heights is know as a sought after location for investors.

Last Agent to Sell the Property

Melanie Harris

RE/MAX Real Estate Connections License #5006661

RE/MAX Real Estate Connections

Last Buyer's Agent

wedeb ghile

Fairfax Realty Premier

Fairfax Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,182

Year Built

  • Built in 1941

Lot Details

  • 7,513 Sq Ft Lot
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5733//0003

Community Details

Overview

  • 4 Units
  • 2-Story Building
  • Randle Heights Subdivision

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,182

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Automatically Close On Close Date: No
  • Remarks Public: Multi-family investment opportunity in prime location. This 4 -unit is vacant with 2 beds/1 bath in each unit. Ready for a little TLC, start earning $1,800 - $2,000 each unit. Total Income potential $7K-$8K/month. Investors with a vision, zoned RA-1, which allows you to build an extra floor making this gem three levels, creating the potential to generate more rental income, up to $10K/month. Great location for tenants, property is within walking distance to Skyland Town Center, shops, restaurants and grocery stores. Randal Heights is know as a sought after location for investors.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Room Count: 8
  • Total Sq Ft: 3140
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 212.50
  • Above Grade Finished Sq Ft: 2800
  • Below Grade Sq Ft: 340
  • Total Below Grade Sq Ft: 340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2332

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
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7513.00
  • Property Condition: Average
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4182.00
  • Assessor Parcel Number: 5733//0003
  • Tax Lot: 3
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/17/2024

Multi Family

  • Number Of Units Vacant: 4

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 Sold $595,000 0.0% $213 / Sq Ft
09/04/2024 09/04/24 Price Changed $595,000 -14.4% $213 / Sq Ft
09/04/2024 09/04/24 Price Changed $695,000 +12.1% $248 / Sq Ft
08/06/2024 08/06/24 Price Changed $619,900 -8.1% $221 / Sq Ft
07/19/2024 07/19/24 For Sale $674,500 -- $241 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2151244

Bright MLS

APN: 5733 0003