NOT LISTED FOR SALE
4 Beds
2 Baths
1,500 Sq Ft
1,742 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

(202) 938-0228 elbonsivad@aol.com Samson Properties Listed on: 10/29/2019

Samson Properties

Last Buyer's Agent

Joseph Stanton

(240) 497-1700 joe@joeonhomes.com 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

1,648 Sq Ft Lot

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
  • 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

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 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
  • 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 Data Updated: No
  • Tax Year: 2019

Multi Family

  • Gross Scheduled Income: 69600.00
  • Income Includes: Parking

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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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
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

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 $6,748 $793,830 $454,600 $339,230
2024 $6,685 $786,470 $452,330 $334,140
2023 $6,370 $749,450 $436,410 $313,040
2022 $5,403 $635,640 $398,720 $236,920
2021 $5,103 $600,350 $392,820 $207,530
2020 $4,855 $571,230 $380,210 $191,020
2019 $4,494 $528,650 $350,050 $178,600
2017 $3,916 $460,690 $0 $0
2016 $3,363 $395,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC448398

Bright MLS

APN: 3616 0031

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