Listed By:
Compass
Address
3002 11Th Street NW, Washington, DC
Price
$ 1,320,000
Property Attributes
  • MLS#DCDC2064678
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodColumbia Heights
  • Zip20001
  • StyleVictorian
  • Year Built1907
  • Taxes$ 8813
  • Price$ 1,320,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

SELLER WILL PAY CLOSING COSTS UP TO 3%! PRICE REDUCED! Fully occupied building! Amazing investment opportunity in a phenomenal location with a 96 Walk Score. This 3-unit building is situated on a large corner lot in the thriving 11th Street Corridor of Columbia Heights. 3002 11th Street offers a well-established rental history and low costs with utilities paid for by the tenants. With $166k invested in updates and maintenance between 2018 and 2022, this investment opportunity lives well and has had continual cash flow through the entirety of ownership (including during COVID). The current owner invested money so you don't have to. Plug and play cash flow. The units are all currently fully tenanted and professionally managed, but can be a great play for the savvy investor. Top-floor 2-bedroom unit is currently rented for $2395/mo, middle-floor 3-bedroom unit is currently rented for $3045/mo, the lower-level 2-bedroom is currently rented for $1885/mo, and the parking space is currently rented for $200/mo.

Price History
8/30/2022 Listed $1,449,000
12/1/2022 2% - $1,429,000
3/22/2023 3% - $1,399,000
5/8/2023 5% - $1,340,000
7/1/2023 2% - $1,320,000

General Features

Acceptable Financing Bank Portfolio, Conventional, Private, Cash
Accessibility None
Architectural Style Victorian
Association Recreation Fee No
Basement Front Entrance, Fully Finished
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County WASHINGTON
Days on Market 353
Garage Y/N No
Heating Forced Air
Historic Y/N No
Legal Subdivision Columbia Heights
Location Type Corner Lot/Unit
Lot Size Square Feet 2697.00
New Construction No
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Percent Ownership Fee Simple
Pool Y/N No Pool
Possession 0-30 Days CD, 31-60 Days CD, 61-90 Days CD, Immediate
Price Per Sq Ft 674.16
Property Condition Very Good
Property SubType Triplex
Property Type Multi-Family
Rent Control Y/N No
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
School District 121140357950
Sewer Public Sewer
Structure Type End of Row/Townhouse
Subdivision Name COLUMBIA HEIGHTS
Tax Annual Amount 8813.0
Tax Lot 206
Tax Year 2022
Total Units 3
Two Bedroom 2
Vacation Rental Y/N No
Water Access Y/N No
Waterfront Y/N No
Year Built 1907
Zoning RF-1

Interior Features

Central Air Y/N Yes
Fireplace Y/N No
Furnished Units None
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Three Bedroom Units Count 1

Exterior Features

Living Area 2708
Foundation Details Slab
Lot Features SideYard(s)
Lot Size Acres 0.06
Lot Size Source Assessor
Navigable Water Y/N No
Soil Types Urban Land-Sassafras-Chillum
Spa No
Total Parking Spaces 1
Type of Parking Driveway
Water Oriented Y/N No
Water Source Public
Water View Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 20001

Price
AVG $1.47M
$1.32M
Taxes
AVG $10,377
$8,813
Visits
AVG 185
98
Data Provided by Inside Real Estate®
Year Built
AVG 1913
1907
Walkscore
AVG 91
94
Data Provided by Walkscore® not using MLS data

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