NOT LISTED FOR SALE

161 163 35th St NE Washington, DC 20019

Benning Neighborhood
Studio
-- Bath
-- Sq Ft
6,576 Sq Ft Lot Lot

Sale Details

Date Sold: September 24, 2018

Last sale price $675,000

62 Days on Market

Highlights

  • 0.15 Acre Lot
  • 2 Fireplaces
  • Double Pane Windows
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

As of September 2018

OUTSTANDING Residential Investment Opportunity less than 2 miles (& 2 stoplights) from Capitol Hill! SIX Big 1BR Units @ 161 & 163 35th Street NE. Fully occupied & 7% CAP Rate & 10% annual return! Each unit has HW floors, efficient windows, big back porch, individual boiler.Tenants pay Gas&Elec. Ask us about future tax credits which will convey in return for capital improvements already made

Last Agent to Sell the Property

Joel Nelson

(202) 243-7700 joel@joelnelsongroup.com Keller Williams Capital Properties License #0225080234 Listed on: 05/18/2018

Keller Williams Capital Properties

Last Buyer's Agent

Bryce Rowland

(202) 547-3525 dana.hill@cbmove.com Coldwell Banker Realty - Washington

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1941

Lot Details

  • 6,576 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Built-In Features
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Double Pane Windows
  • Wood Flooring
  • Crawl Space

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for all utilities, real estate taxes, repairs, advertising/licenses and permits
  • Tax Lot 63
  • Assessor Parcel Number 5046//0063

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Fort Dupont Park Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $8,739
  • Net Operating Income $48,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,676

Year Built

Built in 1941

Lot Details

6,576 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Wood Floors, Built-Ins
  • Window Features: Double Pane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Brick
  • Roof: Rubber
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Green Features

  • Green Verification: No

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Area: 6576
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6576.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: All Utilities, Taxes - Real Estate, Repairs, Advertising/Licenses And Permits
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2676.48
  • Assessor Parcel Number: 5046//0063
  • Tax Lot: 63
  • Tax Year: 2016

Multi Family

  • Gross Income: 57696.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 8738.79
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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 Prior Sale
09/24/2018 09/24/18 Sold $675,000 -3.4% --
07/19/2018 07/19/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $699,000 +60.7% --
05/20/2016 05/20/16 Sold $435,000 0.0% -- View Prior Sale
03/05/2016 03/05/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $435,000 -- --
Source: Bright MLS

Agents Affiliated with this Home

  • Joel Nelson

    Seller's Agent in 2018

    Joel Nelson

    Keller Williams Capital Properties

    (240) 855-4036

    329 Total Sales

    Joel Nelson
    Section Image
  • Bryce Rowland

    Buyer's Agent in 2018

    Bryce Rowland

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 302-0437

    45 Total Sales

    Bryce Rowland
    Section Image
  • Matthew Paschall

    Seller's Agent in 2016

    Matthew Paschall

    Compass

    (202) 439-7063

    34 Total Sales

    Matthew Paschall
    Section Image

  • A

    Buyer's Agent in 2016

    Anne Butler

    Anne Butler Realty Company

    (202) 596-2030

    Anne Butler
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001528716

Bright MLS
District of Columbia District of Columbia County Washington 20019 Benning

161 163 35th St NE, Washington, DC

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