NOT LISTED FOR SALE

4248 Edson Place NE Washington, DC 20019

Mahaning Heights Neighborhood
-- Bed
3 Baths
1,358 Sq Ft
2,313 Sq Ft Lot

Last Sold May 28, 2020

Last sale price $495,000 $365 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • 90% Forced Air Heating and Cooling System
  • Playground
  • No HOA

About This Home

As of May 2020

Rarely Available multi-family property with 3 bedroom units. Located in a highly coveted opportunity zone. The short and long term Tax , Depreciation & Potential Appreciation are outstanding for this separately renovated, turn-key 2 unit property. Separately metered and newly renovated the units are ready to be leased. (Housing Vouchers allow for great cash flor at $2,030/month for 3 bedroom units). The units have been updated and feature brand new HVAC systems, New kitchens with brand new SS range & microwaves, New hardwood floors, renovated bathrooms & more. These units should be virtually maintenance free for a long time!! This would make a perfect addition to your rental portfolio, or perhaps for the savvy homeowner looking to live in one unit and rent the other!! Make an appointment today!!

Last Agent to Sell the Property

Faith Rosselle

Rosselle Realty Services License #MD4558 Listed on: 12/13/2019

Co-Listed By

Michael Burdett

Rosselle Realty Services

Last Buyer's Agent

Keith James

Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 2,313

Parking

  • On-Street Parking

Home Design

  • 1,358 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Playground
  • 2,313 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, real estate taxes, snow removal, lawn/shrub care, common area maintenance
  • Tax Lot 30
  • Assessor Parcel Number 5091//0030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units
  • Net Operating Income $46,823

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Remarks Public: Rarely Available multi-family property with 3 bedroom units. Located in a highly coveted opportunity zone. The short and long term Tax , Depreciation & Potential Appreciation are outstanding for this separately renovated, turn-key 2 unit property. Separately metered and newly renovated the units are ready to be leased. (Housing Vouchers allow for great cash flor at $2,030/month for 3 bedroom units). The units have been updated and feature brand new HVAC systems, New kitchens with brand new SS range & microwaves, New hardwood floors, renovated bathrooms & more. These units should be virtually maintenance free for a long time!! This would make a perfect addition to your rental portfolio, or perhaps for the savvy homeowner looking to live in one unit and rent the other!! Make an appointment today!!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1358
  • Living Area Sq Ft: 1358
  • Price Per Sq Ft: 342.42
  • Above Grade Finished Sq Ft: 1358
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4248

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Play Area, Sidewalks
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • 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: 142190.00
  • Land Assessed Value: 129940.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2313.00
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: OPPORTUNITY ZONE
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Water, Taxes - Real Estate, Snow Removal, Lawn/Shrub Care, Common Area Maintenance
  • Total Actual Rent: 48720.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16083735
  • Tax Annual Amount: 12384.00
  • Assessor Parcel Number: 5091//0030
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 1358
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 05/28/2020

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 48720.00

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
05/28/2020 05/28/20 Sold $495,000 +6.5% $365 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $465,000 -- $342 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Faith Rosselle

    Seller's Agent in 2020

    Faith Rosselle

    Rosselle Realty Services

    (301) 570-9300

    80 Total Sales

    Faith Rosselle
    Section Image
  • Michael Burdett

    Seller Co-Listing Agent in 2020

    Michael Burdett

    Rosselle Realty Services

    (202) 369-5183

    53 Total Sales

    Michael Burdett
    Section Image
  • Keith James

    Buyer's Agent in 2020

    Keith James

    Keller Williams Capital Properties

    (202) 808-1381

    9 in this area

    456 Total Sales

    Keith James
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC452650

Bright MLS

APN: 5091 0030

District of Columbia District of Columbia County Washington 20019 Mahaning Heights

4248 Edson Place NE, Washington, DC

This home is located at 4248 Edson Place NE, Washington, DC 20019 since 13 December 2019. This property was built in 1941. 4248 Edson Place NE is a home located in District of Columbia with nearby schools including Aiton Elementary School, Kelly Miller Middle School, and H.D. Woodson High School.

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