Washington, DC 20017,2920 8TH ST NE
Washington, DC 20017,2920 8TH ST NE
Washington, DC 20017,2920 8TH ST NE
$950,000
Est. payment /mo
$950,000
Est.Price: ?

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3,152 SqFt
SOLD DATE : 07/31/2024

Key Details

Sold Price $950,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,152 sqft

Price per Sqft $301

Subdivision Brookland

MLS Listing ID DCDC2148800

Sold Date 07/31/24

Style Other

Abv Grd Liv Area 3,152

Originating Board BRIGHT

Year Built 1941

Annual Tax Amount $3,527

Tax Year 2024

Lot Size 3,864 Sqft

Acres 0.09

Property Description

NEW AND IMPROVED PRICE!!!What an exciting opportunity for investors in the vibrant Brookland community!
Condo Conversion Potential: With enough space to expand upwards and create parking, this property offers investors the possibility of a lucrative condo conversion project. This could add significant value to the property and attract buyers looking for individual units in the popular Brookland area.
Owner-Occupied Tenants: Having owner-occupied tenants living in one unit while renting out the other three provides stability and potential income streams for investors. This mixed-use of the property maximizes its earning potential while also ensuring some level of oversight and care for the units.
The property's location in the Brookland community offers residents access to a variety of amenities and attractions. From the 8th St. Arts Walk and Dance Place to popular spots like Brookland Pint and the Metropolitan Branch Trail, there's plenty to explore and enjoy nearby. Additionally, being close to Catholic University and Brookland Metro makes commuting and accessing educational institutions convenient.
Bike-Friendly Environment: The presence of bike-friendly streets in the area adds to the appeal for residents who prefer alternative modes of transportation. This aligns with the community's focus on sustainability and active living.
Overall, this property presents an excellent investment opportunity in a desirable and growing neighborhood. With its potential for condo conversion, mixed-use tenancy, and proximity to amenities and transportation, it's sure to attract investors looking to capitalize on the dynamic Brookland market.

Location

State DC

County Washington

Zoning R-01

Interior

Interior Features Floor Plan - Traditional

Hot Water Other

Heating Hot Water

Cooling None

Flooring Ceramic Tile, Hardwood, Laminated

Equipment Refrigerator, Stove

Fireplace N

Appliance Refrigerator, Stove

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Alley

Garage N

Building

Lot Description Corner, Rear Yard

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type Plaster Walls,Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3643//0069

Ownership Fee Simple

SqFt Source Assessor

Security Features Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Cash, Bank Portfolio, Conventional, FHA 203(k)

Listing Terms Cash, Bank Portfolio, Conventional, FHA 203(k)

Financing Cash,Bank Portfolio,Conventional,FHA 203(k)

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Tanya L Slade • Long & Foster Real Estate, Inc.
Bought with Desiree A Hargett • Compass

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Irma Rodriguez

+1(302) 357-1823

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