325 V St NE Washington, DC 20002

Listing Details

• Property Type: Multi-Family
• Property Sub Type: Duplex
• Structure Type: Interior Row/Townhouse
• Architectural Style: Federal
• Ownership: Fee Simple
• New Construction: No
• Expected On Market: 2024-09-14
• Year Built: 1923
• Year Renovated: 2023
• Building Winterized: No
• Remarks Public: **Investment Opportunity in Eckington, DC** Seize this rare chance to invest in the highly desirable Eckington neighborhood with this recently updated two-unit building, featuring a total of 8 bedrooms and 3 full baths. Boasting stunning hardwood floors and brand-new appliances, this property harmoniously blends classic charm with modern comfort. Perfectly located within walking distance of McKinley Tech High School, Howard University, and the vibrant Union Market, this building offers exceptional convenience. It comes with an approved certificate of occupancy and is fully rent-ready, making it ideal for both investors and homeowners. The financial potential is impressive, with proformas indicating a possible gross revenue of over $9,800 monthly from two units, providing an attractive cap rate when fully rented. If you decide to occupy the upper unit and rent out the lower unit, you can still anticipate a solid annual minimum rental income of $72,000, translating to $6,000 per month. Whether your goal is to generate significant passive income or to live in one unit while renting out the other, this property presents endless possibilities for financial growth. Don’t miss your chance to secure a prime investment for your future. Please note that Unit #1 is currently occupied and requires 48 hours' notice for showings. Contact the listing agent for all showing requests.
• Special Features: NewHome

Interior Features

• Appliances: Built-In Range, Cooktop, Dishwasher, Washer/Dryer Stacked
• Flooring Type: Hardwood
• Interior Amenities: 2nd Kitchen, Bathroom - Tub Shower, Built-Ins, Central Vacuum, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Efficiency, Kitchen - Galley
• Fireplace: No
• Wall Ceiling Types: Dry Wall
• Foundation Details: Brick/Mortar, Pilings
• Room Count: 8
• Total Sq Ft: 2652
• Living Area Sq Ft: 2648
• Price Per Sq Ft: 650.45
• Above Grade Finished Sq Ft: 1768
• Below Grade Finished Sq Ft: 880
• Below Grade Sq Ft: 4
• Total Below Grade Sq Ft: 884
• Above Grade Finished Area Units: Square Feet
• Street Number Modifier: 325

Exterior Features

• Other Structures: Above Grade, Below Grade
• Construction Materials: Brick
• Roof: Unknown
• 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: Yes
• Cooling Fuel: Electric
• Cooling Type: Central A/C
• Heating Fuel: Electric
• Heating Type: Hot Water
• Heating: Yes
• Hot Water: Electric
• Sewer/Septic System: Public Sewer, Public Septic
• Utilities: Cable Tv, Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Other
• Water Source: Public
• Internet Services: Broadband

Schools

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

Lot Info

• Lot Size Acres: 0.03
• Lot Size Units: Square Feet
• Lot Sq Ft: 1401.00
• Property Condition: Excellent
• Soil Types: Urban Land-Sassafras-Chillum
• Year Assessed: 2024
• Zoning: RF-1
• Zoning Description: The Residential Flat (RF) zones are residential zones, which provide for areas developed primarily with row dwellings
• In City Limits: Yes

Rental Info

• Ground Rent Exists: No
• Vacation Rental: No

Tax Info

• Tax Annual Amount: 8774.00
• Assessor Parcel Number: 3563//0103
• Tax Lot: 103
• Tax Total Finished Sq Ft: 2648
• Tax Data Updated: No
• Tax Year: 2024

Multi Family

• Number Of Units Vacant: 1
• Other Units: Unit 1,Unit 2

MLS Schools

• School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS