$760,000
$799,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1805 I ST NE Washington, DC 20002
2,368 SqFt
Key Details
Sold Price $760,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $320
MLS Listing ID DCDC2109674
Style Colonial
Year Built 1942
Annual Tax Amount $6,040
Tax Year 2022
Lot Size 2,560 Sqft
Property Description
Investor/Developer Special! Discover an exceptional investment and development opportunity in the heart of Washington, DC. This 4-unit apartment building, strategically located within a mile of the vibrant H Street Corridor, presents a remarkable chance for investors and developers to capitalize on the city's thriving real estate market. With each unit offering one bedroom and one bathroom, this property holds immense potential to cater to the growing demand for urban living spaces. This property is a true gem for savvy investors and visionary developers seeking a promising venture. With its prime location and the potential for substantial rental income, this 4-unit apartment building is an attractive proposition for those looking to expand their real estate portfolio or make their mark on DC's dynamic property landscape. Positioned less than a mile from the renowned H Street Corridor, residents of this apartment building will enjoy the best of both worlds – a serene residential setting with quick access to the city's most vibrant dining, entertainment, and cultural hotspots. The H Street Corridor is known for its eclectic mix of restaurants, cafes, boutiques, and nightlife, offering a lifestyle that's both convenient and exciting. The property's location becomes even more enticing when considering the surrounding area's development trends. Within the immediate block, neighboring properties have been transformed into multi-unit condo units, demonstrating the demand for modern, upscale housing in this coveted locale. As the city continues to evolve and attract a diverse demographic, this 4-unit apartment building presents a timely opportunity to meet the demand for well-appointed, spacious living spaces. As an investor or developer, the possibilities are boundless. From a buy-and-hold strategy, benefiting from consistent rental income in a high-demand location, to a creative redevelopment project that aligns with the neighborhood's evolving aesthetic – this property serves as a canvas for your real estate aspirations.
Location
State DC
County Washington
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Flooring Hardwood
Equipment Refrigerator, Disposal, Range Hood
Exterior
Water Access N
View City
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Special Listing Condition Standard
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Bought with Abel M Gebremichael • Keller Williams Capital Properties