$975,000
SOLD DEC 31, 2024
-- Bed
-- Bath
2,636 Sq Ft
2,870 Sq Ft Lot

Recently Sold

$370 Per Sq Ft

19 Days on Market

Highlights

  • 0.07 Acre Lot
  • Electric Baseboard Heater
  • Multi-Tank Hot Water Heater

About This Home

As of December 2024

1428 A Street SE is a 75% vacant 4-unit multifamily building located in the Hill East neighborhood of Washington, DC. The ASSET The Property has a unit mix consisting of four (4) one-bedroom, one bath units. While currently configured as one-bedrooms, a new owner could look to reconfigure units into two-bedroom units, with similarly-sized nearby comparable units achieving $2,700 - $3,000 per month in rent. Also, the building sits on a lot that is 2,870 SF and is zoned RF-1, which presents the opportunity for a developer to expand the exiting building's square footage by-right, unlocking unused allowable density through the addition of a third level (and lower level). THE LOCATION 1428 A Street SE is less than a 15-minute walk from three Metro Stations – Stadium-Armory (0.4 miles), Potomac Avenue (0.6 miles) and Eastern Market (0.8 miles). The Property is also just 2 blocks from Lincoln Park and is a 20-minute walk to high-end retailers, grocers, dining, and entertainment options around Eastern Market and Barracks Row, and 1.6 miles to Navy Yard. The Property is a short walk from the 190-acre RFK Stadium Campus, which is poised for future redevelopment. POTENTIAL RENT CONTROL EXEMPTION Individual owners of four or less rental units in the District of Columbia may file a rent control claim of exemption form pursuant to the Small Landlord (2.05 (a) (3) section of the Rent Stabilization Program of the Rental Housing Act, thereby exempting the building’s units from DC’s rent control regulations. The Property is being sold simultaneously with 1430 A Street SE (MLS# DCDC2159694), which is adjoining to 1428 A Street SE. 1430 A Street SE is also a 4-unit multifamily and is 100% vacant. The assets can be sold together or separately.

Last Agent to Sell the Property

Christian Barreiro

Horvath & Tremblay MD, LLC Listed on: 09/18/2024

Last Buyer's Agent

Erica Breaux

Compass License #675357

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,987

Year Built

  • Built in 1931

Lot Details

  • 2,870 Sq Ft Lot

Home Design

  • 2,636 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Multi-Tank Hot Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 1058//0077

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,987

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1931
  • Automatically Close On Close Date: No
  • Remarks Public: 1428 A Street SE is a 75% vacant 4-unit multifamily building located in the Hill East neighborhood of Washington, DC. The ASSET The Property has a unit mix consisting of four (4) one-bedroom, one bath units. While currently configured as one-bedrooms, a new owner could look to reconfigure units into two-bedroom units, with similarly-sized nearby comparable units achieving $2,700 - $3,000 per month in rent. Also, the building sits on a lot that is 2,870 SF and is zoned RF-1, which presents the opportunity for a developer to expand the exiting building's square footage by-right, unlocking unused allowable density through the addition of a third level (and lower level). THE LOCATION 1428 A Street SE is less than a 15-minute walk from three Metro Stations – Stadium-Armory (0.4 miles), Potomac Avenue (0.6 miles) and Eastern Market (0.8 miles). The Property is also just 2 blocks from Lincoln Park and is a 20-minute walk to high-end retailers, grocers, dining, and entertainment options around Eastern Market and Barracks Row, and 1.6 miles to Navy Yard. The Property is a short walk from the 190-acre RFK Stadium Campus, which is poised for future redevelopment. POTENTIAL RENT CONTROL EXEMPTION Individual owners of four or less rental units in the District of Columbia may file a rent control claim of exemption form pursuant to the Small Landlord (2.05 (a) (3) section of the Rent Stabilization Program of the Rental Housing Act, thereby exempting the building’s units from DC’s rent control regulations. The Property is being sold simultaneously with 1430 A Street SE (MLS# DCDC2159694), which is adjoining to 1428 A Street SE. 1430 A Street SE is also a 4-unit multifamily and is 100% vacant. The assets can be sold together or separately.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 2636
  • Living Area Sq Ft: 2636
  • Price Per Sq Ft: 369.88
  • Above Grade Finished Sq Ft: 2636
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1428

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Multi-Tank
  • 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: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2870.00
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7986.60
  • Assessor Parcel Number: 1058//0077
  • Tax Lot: 77
  • Tax Total Finished Sq Ft: 2636
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 12/31/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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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
12/31/2024 12/31/24 Sold $975,000 0.0% $370 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $975,000 -- $370 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2160054

Bright MLS

APN: 1058 0077