$550,000
SOLD NOV 29, 2024
-- Bed
-- Bath
2,340 Sq Ft
4,532 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

4% Below List Price

81 Days on Market

Highlights

  • Traditional Architecture
  • Space For Rooms
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

This 4-unit property is located in the sought-after Marshall Heights neighborhood. This is a great opportunity to supplement your mortgage by living in 1 and renting out the other units or renting all four units for more cash flow. Currently, 3 units are occupied and 1 unit is vacant. All units have similar floor plans and conditions. Show the vacant unit only. DO NOT DISTURB Tenants. Arrangements will be made for interested buyers to see other units during contract negotiations. Long-term tenants. Consistent monthly payments (2 are voucher recipients). All units are individually metered for gas and electricity. Newly installed roof and hot water heaters. Hardwood floor throughout units. Big enclosed backyard for residents to enjoy. Property is very accessible to Benning Road Metro. Great Opportunity for further upgrades to units for more cash flow. Property sold as is. Huge unfinished basement can be converted to Laundry and/or Storage Area for additional income. Great Investment. Opportunity Knocks!!!

Last Agent to Sell the Property

Paul Senior

Embassy Real Estate Brokerage

Last Buyer's Agent

Ericka S. Black, Realtor

Coldwell Banker Realty - Washington

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 1944

Lot Details

  • 4,532 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Unfinished Basement

  • Walk-Up Access
  • Rear Basement Entry
  • Space For Rooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 5341//0031

Community Details

Overview

  • 4 Units
  • Marshall Heights Subdivision

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,993

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1944
  • Automatically Close On Close Date: No
  • Remarks Public: This 4-unit property is located in the sought-after Marshall Heights neighborhood. This is a great opportunity to supplement your mortgage by living in 1 and renting out the other units or renting all four units for more cash flow. Currently, 3 units are occupied and 1 unit is vacant. All units have similar floor plans and conditions. Show the vacant unit only. DO NOT DISTURB Tenants. Arrangements will be made for interested buyers to see other units during contract negotiations. Long-term tenants. Consistent monthly payments (2 are voucher recipients). All units are individually metered for gas and electricity. Newly installed roof and hot water heaters. Hardwood floor throughout units. Big enclosed backyard for residents to enjoy. Property is very accessible to Benning Road Metro. Great Opportunity for further upgrades to units for more cash flow. Property sold as is. Huge unfinished basement can be converted to Laundry and/or Storage Area for additional income. Great Investment. Opportunity Knocks!!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished, Walkout Stairs, Space For Rooms, Rear Entrance
  • Total Sq Ft: 2850
  • Living Area Sq Ft: 2340
  • Price Per Sq Ft: 245.73
  • Above Grade Finished Sq Ft: 2340
  • Below Grade Sq Ft: 510
  • Total Below Grade Sq Ft: 510
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5033

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4532.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2993.00
  • Assessor Parcel Number: 5341//0031
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 2340
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/29/2024

Multi Family

  • Number Of Units Vacant: 1

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
11/29/2024 11/29/24 Sold $550,000 -4.3% $235 / Sq Ft
08/05/2024 08/05/24 For Sale $575,000 -- $246 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2153458

Bright MLS

APN: 5341 0031