NOT LISTED FOR SALE
-- Bed
4 Baths
3,248 Sq Ft
4,356 Sq Ft Lot

Last Sold November 21, 2024

Last sale price $620,000 $191 Per Sq Ft

124 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Walk-Up Access
  • Ceiling Fan
  • Storm Doors

About This Home

As of November 2024

Back on the Market with Price Improvements – Prime Investment Opportunity Near National Harbor!

Seize this outstanding opportunity to own a semi-detached, four-unit property in a highly sought-after location near National Harbor, MGM, Gaylord, Nationals Stadium, and the US Capitol. This versatile building, originally renovated in 1989, is perfect for investors aiming to convert the units into condos or for owner-occupants looking to live in one unit while generating rental income from the other three.

Property Highlights:

Unit Breakdown:
Two units feature 3 bedrooms and 1 bath each.
Two units feature 2 bedrooms and 1 bath each.
Current Occupancy:
Three units are vacant, ready for immediate occupancy.
One unit is on a flexible month-to-month lease.
Modern Updates:
Newer bathrooms, kitchens, hardwood, and luxury plank floors.
Freshly painted walls and newer doors.
Outdoor Potential:
Large backyard adjacent to an alley, perfect for future parking.
Utilities:
Basement equipped with newer hot water heaters and furnace. (No AC; window units are in place.)
Prime Location: Minutes from JABAB, downtown, National Harbor, MGM, Gaylord, and Nationals Stadium, with easy access to the US Capitol, this location is ideal for professionals, investors, and those seeking convenience and potential growth.

Investment Potential:

Condo Conversion: Perfect for investors looking to transform the units into high-demand condos.
Rental Income: Ideal for owner-occupants who want to live in one unit while renting out the other units.
Viewing Information:

Units #1, #2, and #3 are available for showings.
Settlement: To occur at Premium Title.
This is a rare chance to invest in a high-demand area with limitless potential. Don't miss your opportunity—schedule a showing today!

Last Listed By

Summer Ambaye

Summer Realtors Inc License #527588 Listed on: 07/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 1937 | Remodeled in 1987

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,248 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Storm Doors

Kitchen

  • Stove
  • Range Hood
  • Disposal

Basement

  • Partial Basement
  • Walk-Up Access
  • Rear Basement Entry

Schools

  • Ballou Senior High School

Utilities

  • Vented Exhaust Fan
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 32
  • Assessor Parcel Number 5997//0032

Community Details

Overview

  • 4 Units
  • Building Winterized
  • Congress Heights Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,281

Year Built

Built in 1937 | Remodeled in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1937
  • Year Renovated: 1987
  • Building Winterized: Yes
  • Remarks Public: Back on the Market with Price Improvements – Prime Investment Opportunity Near National Harbor! Seize this outstanding opportunity to own a semi-detached, four-unit property in a highly sought-after location near National Harbor, MGM, Gaylord, Nationals Stadium, and the US Capitol. This versatile building, originally renovated in 1989, is perfect for investors aiming to convert the units into condos or for owner-occupants looking to live in one unit while generating rental income from the other three. Property Highlights: Unit Breakdown: Two units feature 3 bedrooms and 1 bath each. Two units feature 2 bedrooms and 1 bath each. Current Occupancy: Three units are vacant, ready for immediate occupancy. One unit is on a flexible month-to-month lease. Modern Updates: Newer bathrooms, kitchens, hardwood, and luxury plank floors. Freshly painted walls and newer doors. Outdoor Potential: Large backyard adjacent to an alley, perfect for future parking. Utilities: Basement equipped with newer hot water heaters and furnace. (No AC; window units are in place.) Prime Location: Minutes from JABAB, downtown, National Harbor, MGM, Gaylord, and Nationals Stadium, with easy access to the US Capitol, this location is ideal for professionals, investors, and those seeking convenience and potential growth. Investment Potential: Condo Conversion: Perfect for investors looking to transform the units into high-demand condos. Rental Income: Ideal for owner-occupants who want to live in one unit while renting out the other units. Viewing Information: Units #1, #2, and #3 are available for showings. Settlement: To occur at Premium Title. This is a rare chance to invest in a high-demand area with limitless potential. Don't miss your opportunity—schedule a showing today!
  • Special Features: None

Interior Features

  • Appliances: Disposal, Exhaust Fan, Range Hood, Refrigerator, Stove
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Basement: Yes
  • Basement Type: Rear Entrance, Partial, Walkout Stairs
  • Total Sq Ft: 3248
  • Living Area Sq Ft: 3248
  • Price Per Sq Ft: 215.52
  • Above Grade Finished Sq Ft: 3248
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 446

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Spa: No
  • 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 Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • High School: BALLOU SENIOR
  • High School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • High School: BALLOU SENIOR

Lot Info

  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2004
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 1
  • Owner Pays: Water
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1280.54
  • Assessor Parcel Number: 5997//0032
  • Tax Lot: 32
  • Tax Year: 2004
  • Close Date: 11/21/2024

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Single Room Units Count: 12

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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
11/21/2024 11/21/24 Sold $620,000 -11.4% $191 / Sq Ft
10/29/2024 10/29/24 Off Market $700,000 -- --
09/14/2024 09/14/24 Price Changed $700,000 -4.8% $216 / Sq Ft
08/16/2024 08/16/24 Price Changed $735,000 -2.0% $226 / Sq Ft
07/20/2024 07/20/24 For Sale $750,000 -- $231 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2151368

Bright MLS

APN: 5997 0032