NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
5,893 Sq Ft Lot

Last Sold March 04, 2014

Last sale price $1,595,000

Highlights

  • 0.14 Acre Lot
  • No HOA
  • Radiator

About This Home

As of March 2014

Fantastic investor opportunity in superb location in Columbia Heights!!! 9 units building in good condition with stable tenants and positive cash flow, located few blocks from the metro, DC-USA Mall, banks, restaurants, and public transportation. Each units have separate meters for gas and electricity, full basement to develop into rentals or condos, possibility to create several parking spaces.

Last Agent to Sell the Property

Jorge Granados

(301) 806-1080 jorgeg1454@gmail.com Realty Pros Listed on: 10/21/2013

Last Buyer's Agent

Jim McInerney

(202) 319-7703 jimlmcinerney@hotmail.com Watassa Management, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,925

Year Built

  • Built in 1924

Lot Details

  • 5,893 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, miscellaneous
  • Tax Lot 546
  • Assessor Parcel Number 2685//0546

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Operating Expense $36,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,925

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Full, Connecting Stairway

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 431390.00
  • Land Assessed Value: 500910.00
  • Lot Size Acres: 0.14
  • Lot Size Area: 5893
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5893.00
  • Soil Types: Unknown
  • Year Assessed: 2012
  • Zoning: R-5-B
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Taxes - Real Estate, Insurance, Miscellaneous
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16117720
  • Tax Annual Amount: 7924.55
  • Assessor Parcel Number: 2685//0546
  • Tax Lot: 546
  • Tax Year: 2012
  • Close Date: 03/04/2014

Multi Family

  • Gross Income: 114090.00
  • Metering: Electric Separate, Gas Separate, Heat Common
  • Operating Expense: 36424.56

Range of Values:

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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 List to Sale Price per Sq Ft
03/04/2014 03/04/14 Sold $1,595,000 +25.1% --
11/01/2013 11/01/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $1,275,000 -- --
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: 1003747966

Bright MLS