UPDATED:
11/08/2024 04:17 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,032 sqft
Price per Sqft $230
Subdivision Fort Dupont Park
MLS Listing ID DCDC2166120
Style Georgian,Traditional
Bedrooms 4
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 3,032
Originating Board BRIGHT
Year Built 1942
Annual Tax Amount $4,743
Tax Year 2023
Lot Size 2,976 Sqft
Acres 0.07
Property Description
Uncover an incredible house-hacking opportunity in Fort DuPont Park with this well-maintained, four-unit income-generating property. Ideally located just a short walk from Pennsylvania Avenue, you’ll enjoy quick access to downtown D.C. and Capitol Hill. Each unit boasts one bedroom and a den, with two units available for immediate occupancy, one leased until November 15, 2024, and another awaiting your renovation ideas.
Seize the opportunity with this turnkey multi-unit property to elevate your income while embracing the joys of homeownership. Your investment journey is straightforward: move into one unit and rent out the others to effortlessly cover your mortgage costs. This strategy empowers you to build equity at an exceptional value, with average one-bedroom rental rates in this area reaching $1,750, resulting in over $6,500 monthly!
This property is also perfectly positioned in Ward 7, an area on the brink of transformative redevelopment. Numerous projects launching soon will introduce thousands of apartments and office spaces, ensuring long-term appreciation. Don’t miss this prime opportunity for immediate returns and significant future growth. Whether you’re an experienced investor or just getting started, this property is a must-see for anyone eager to optimize their investment.
Location
State DC
County Washington
Zoning R-3
Rooms
Main Level Bedrooms 2
Interior
Interior Features Bathroom - Tub Shower, Breakfast Area, Built-Ins, Carpet, Crown Moldings, Dining Area, Floor Plan - Open, Pantry, Primary Bath(s)
Hot Water Instant Hot Water
Heating Hot Water
Cooling None
Equipment Built-In Microwave, Built-In Range, Instant Hot Water, Oven/Range - Gas, Refrigerator, Stove
Fireplace N
Appliance Built-In Microwave, Built-In Range, Instant Hot Water, Oven/Range - Gas, Refrigerator, Stove
Heat Source Natural Gas
Laundry Hookup
Exterior
Exterior Feature Enclosed, Screened
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors
Porch Enclosed, Screened
Parking Type Off Street
Garage N
Building
Story 2
Foundation Brick/Mortar
Sewer Public Septic
Water Public
Architectural Style Georgian, Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Senior Community No
Tax ID 5433//0015
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, Contract, FHA, Negotiable
Listing Terms Conventional, Cash, Contract, FHA, Negotiable
Financing Conventional,Cash,Contract,FHA,Negotiable
Special Listing Condition Standard
GET MORE INFORMATION