
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