$1,650,000
$1,799,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3,726 SqFt
SOLD DATE : 01/23/2024
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,726 sqft
Price per Sqft $442
Subdivision Woodley Park
MLS Listing ID DCDC2115308
Sold Date 01/23/24
Style Other
Abv Grd Liv Area 2,992
Originating Board BRIGHT
Year Built 1901
Annual Tax Amount $12,612
Tax Year 2022
Lot Size 2,800 Sqft
Acres 0.06
Property Description
This charming 3 unit multi-family row home in Woodley Park provides quaint privacy while boasting convenient access to DC's restaurants, retail and transportation. Connecticut Ave and Woodley Park Metro stop are literally just steps away. Take a stroll down Connecticut Ave to the National Zoo or head across the Taft Bridge into Dupont Circle. This location will not disappoint!
2 of 3 units are currently leased through 7/31/24 and the remaining unit is currently owner occupied. The owner occupant is willing to lease back or vacate upon sale. One way to add value is by increasing rents to market rates. Another way to add value is by creating a 4th unit, which the 2nd floor is already designed and has its certificate of occupancy to accommodate. This stabilized investment will provide a new owner the opportunity to continue running the asset as-is with a multitude of options to further increase its value.
Unit #1 is 1,925 SF and includes the ground floor and English basement. This unit consists of 3 BR 2 BA and 1 Den along with its own private brick patio back yard.
Unit #2 is 1,165 SF and is on the 2nd floor. This unit consists of 2 BR and 2 BA.
Unit #3 is 840 SF and is on the 3rd floor. The unit consists of 2 BR and 1 BA.
The property includes two private and secure parking spaces in the rear.
As you step onto the front porch you will notice the unparalleled privacy and comfort. The common lobby/foyer area invites you inside with easy access to unit #1 along with a stairwell to units #2 and #3. Countless renovations have been made to each unit over the years of its current landlord's ownership. You will notice an abundance of sunlight beaming through the windows that each provide a unique view of one of DC's most sought after neighborhoods. The backyard patio is primed for entertainment and awaits perfect placement of your grill and patio furniture. Claim your stake in Woodley Park today!
Occupy one unit and collect rent from two others to pay your mortgage more easily. Grow into the other units over time as you desire!
Local sale comps support renovating and bringing this property back to its single family grandeur suitable to all those fine tastes.
Location
State DC
County Washington
Zoning R-3
Rooms
Basement English
Interior
Hot Water Propane
Heating Hot Water
Cooling None
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es), Patio(s)
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Porch Porch(es), Patio(s)
Total Parking Spaces 2
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Oyster-Adams Bilingual School
Middle Schools Oyster-Adams Bilingual School
High Schools Wilson Senior
School District District Of Columbia Public Schools
Others
Tax ID 2108//0038
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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