NOT LISTED FOR SALE

2007 4th St NE Washington, DC 20002

Eckington Neighborhood
4 Beds
2 Baths
1,500 Sq Ft
1,648 Sq Ft Lot

Last Sold January 07, 2020

Last sale price $848,000 $565 Per Sq Ft

14 Days on Market

About This Home

As of January 2020

Calling all investors!! You DON'T want to miss this rare chance to own a multi-family unit situated in Eckington- one of the hottest neighborhoods in all of DC. Just a 10 Minute Walk to Rhode Island Metro and and plenty of food an entertainment options right our your front door. The property is part of DC Housing Authority's Voucher program which is assumable by the new owner. GUARANTEED income of $5,800 per month or $2,900 per unit!! Yearly income of $69,600 and a Cap rate of 8.34% The numbers don't lie. You will be walking into a sizable passive income stream from Day 1! Options include: 1) Rent out both units for a excellent cashflow 2) Live in one unit and rent the other 3) Bump up to a third level and convert to condos. You can't lose with this one!

Last Agent to Sell the Property

Dante Iraola

Samson Properties Listed on: 10/29/2019

Last Buyer's Agent

Joseph Stanton

Long & Foster Real Estate, Inc. License #0225202654

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1917

Lot Details

  • 1,648 Sq Ft Lot

Home Design

  • Duplex
  • Side-by-Side
  • Brick Exterior Construction
  • Shingle Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 3616//0031

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eckington Subdivision

Building Details

  • Income includes parking
  • Gross Income $69,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,493

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1917
  • Remarks Public: Calling all investors!! You DON'T want to miss this rare chance to own a multi-family unit situated in Eckington- one of the hottest neighborhoods in all of DC. Just a 10 Minute Walk to Rhode Island Metro and and plenty of food an entertainment options right our your front door. The property is part of DC Housing Authority's Voucher program which is assumable by the new owner. GUARANTEED income of $5,800 per month or $2,900 per unit!! Yearly income of $69,600 and a Cap rate of 8.34% The numbers don't lie. You will be walking into a sizable passive income stream from Day 1! Options include: 1) Rent out both units for a excellent cashflow 2) Live in one unit and rent the other 3) Bump up to a third level and convert to condos. You can't lose with this one!
  • Special Features: None

Interior Features

  • Total Sq Ft: 2250
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 549.98
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 750
  • Total Below Grade Sq Ft: 750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2007

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 4
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 191020.00
  • Land Assessed Value: 380210.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1648.00
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: RF-1
  • Zoning Description: In the RF-1 Zone, 2 dwelling units may be located within the principal structure
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Total Actual Rent: 69600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16064462
  • Tax Annual Amount: 4493.00
  • Assessor Parcel Number: 3616//0031
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 1500
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 01/07/2020

Multi Family

  • Gross Scheduled Income: 69600.00
  • Income Includes: Parking

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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 Change Sq Ft Price
01/07/2020 01/07/20 Sold $848,000 +2.8% $565 / Sq Ft
10/29/2019 10/29/19 For Sale $824,975 -- $550 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dante Iraola

    Samson Properties

    Section Image
  • Joseph Stanton

    Buyer's Agent in 2020

    Joseph Stanton

    Long & Foster

    (202) 256-5244

    7 Total Sales

    Joseph Stanton
    Section Image
  • Laura Emmett

    Buyer Co-Listing Agent in 2020

    Laura Emmett

    Compass

    (202) 422-6374

    28 Total Sales

    Laura Emmett
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC448398

Bright MLS

APN: 3616 0031

District of Columbia District of Columbia County Washington 20002 Eckington

2007 4th St NE, Washington, DC

This home is located at 2007 4th St NE, Washington, DC 20002 since 29 October 2019. This property was built in 1917. 2007 4th St NE is a home located in District of Columbia with nearby schools including Langley Elementary School, McKinley Middle School, and Dunbar High School.

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