Bought with Ari Firoozabadi • Greysteel Company LLC
$845,000
$899,999
6.1%For more information regarding the value of a property, please contact us for a free consultation.
2,640 SqFt
SOLD DATE : 07/01/2024
Key Details
Sold Price $845,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $320
MLS Listing ID DCDC2131052
Sold Date 07/01/24
Style Colonial
Abv Grd Liv Area 2,640
Year Built 1936
Annual Tax Amount $6,486
Tax Year 2022
Lot Size 2,582 Sqft
Acres 0.06
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Rare opportunity alert! Vacant 4-unit gem in Petworth, Northwest DC! This vacant 4-unit property is ideally located, offering easy access to Columbia Heights, Fort Totten, and U Street. Each unit features 1 bedroom and a den, with the possibility to convert to spacious 2-bedroom layouts, maximizing rental potential.
This property also features a brand-new roof equipped with solar panels. The solar system will continue to be owned by the current owner, in which they are offering an exceptional opportunity for a rooftop lease, yielding an additional annual income of $1,000! Revel in the advantages of a freshly installed roof while bolstering your income stream!
Strategically positioned near various amenities, shopping options, and culinary delights, this property promises a convenient and desirable lifestyle for tenants. Whether you're a seasoned investor seeking immediate returns or a newcomer looking to capitalize on future growth, this property is a must-see. Seize this rare opportunity and schedule a viewing today to explore the endless possibilities of this prime investment property!
Best part… NO TOPA! Offers will be collected on a rolling basis. This property will not be available long!
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water 60+ Gallon Tank
Heating Central
Cooling None
Heat Source Central
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3305//0057
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.