K
Seller's Agent in 2022
Kent Johnson
Fairfax Realty Premier
(202) 489-6830
1 in this area
1 Total Sale
1944 3rd St NE Washington, DC 20002
Eckington Neighborhood
Studio
4
Baths
3,570
Sq Ft
7,013
Sq Ft Lot
Highlights
- 0.16 Acre Lot
- Space For Rooms
- Window Unit Cooling System
- Wood Flooring
- Double Pane Windows
- Halls are 36 inches wide or more
About This Home
As of July 2022INVESTOR ALERT! 4-Unit Apartment Building with largest lot on the block which allows for more units. Highlights include:
* Located in Eckington
* Large lot with over 7,000 square feet
* Surrounded by new condo developments
* Next door converted units have sold for up to $675,000 / unit
* Building is currently exempt from rent control
* Approved HCVP rents are $5K plus / month for four bedroom units and $2.8k plus / month for two bedroom units with utilities
* Building is comprised of two 3 bedrooms and den units and two 1 bedroom and den units where dens can potentially be converted to additional bedroom
* Building can be delivered vacant
* Large floor plan with large bedrooms
* Basement with storage space
* Building is semi-detached
* Space in rear provides off street parking
* Gas / Electrical / Hot Water separated in each unit
* Low operating expenses
* Upgraded Electrical w/ heavy up and circuit breakers
* Upgraded plumbing
* On site laundry facility in basement
* Walking distance to Metro / Bus transportation
* Situated between major developments (Eckington Yards and Bryant Place)
* Potential double digit cap rates if maintained as rental property
* You can't go wrong whether you convert to condos or maintain as rental property
Don't lose out on the best deal around!
Proof of funding to close required.
Last Agent to Sell the Property
(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier License #SP200205187 Listed on: 01/18/2022
Last Buyer's Agent
(202) 483-6300 samuel.davis@longandfoster.com Long & Foster Real Estate, Inc. License #0225153343
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,121
Year Built
- Built in 1939 | Remodeled in 2003
Lot Details
- 7,013 Sq Ft Lot
- Infill Lot
- Property is in good condition
Parking
- On-Street Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Plaster Walls
Interior Spaces
- Ceiling Fan
- Double Pane Windows
- Wood Flooring
- Basement
- Space For Rooms
- Stove
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Water Heater
- Multiple Phone Lines
- Phone Available
- Cable TV Available
Listing and Financial Details
- The owner pays for advertising/licenses and permits, common area maintenance, insurance, pest control, repairs, snow removal, sewer, real estate taxes, trash collection, water, accounting/legal
- Tax Lot 78
- Assessor Parcel Number 3565//0078
Community Details
Overview
- 4 Units
- 3-Story Building
- Eckington Subdivision
Building Details
- 3 Vacant Units
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $1,649,500 | 0.0% | $462 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 01/18/2022 01/18/22 | For Sale | $1,649,500 | -- | $462 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,416 | $1,460,670 | $602,280 | $858,390 |
| 2024 | $57,854 | $1,157,080 | $602,280 | $554,800 |
| 2023 | $9,381 | $1,103,660 | $581,100 | $522,560 |
| 2022 | $8,742 | $1,028,490 | $518,680 | $509,810 |
| 2021 | $8,122 | $955,490 | $510,970 | $444,520 |
| 2020 | $7,546 | $887,760 | $479,900 | $407,860 |
| 2019 | $7,019 | $825,740 | $445,960 | $379,780 |
| 2017 | $6,064 | $713,420 | $0 | $0 |
| 2016 | $5,154 | $606,360 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kent Johnson
-
Samuel Davis
Buyer's Agent in 2022
Samuel Davis
Long & Foster
(202) 256-7039
2 in this area
74 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2028692
APN: 3565 0078
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