NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
6,576 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Bright MLS

MLS Number: 1001528716

Bright MLS
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