Washington, DC 20002,1805 I ST NE
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Washington, DC 20002,1805 I ST NE
Washington, DC 20002,1805 I ST NE
Washington, DC 20002,1805 I ST NE
Washington, DC 20002,1805 I ST NE

$760,000

Est. payment /mo

$799,900

5.0%
Est.Price: ?

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1805 I ST NE Washington, DC 20002

2,368 SqFt

SOLD DATE : 11/30/2023

Key Details

Sold Price $760,000

Property Type Multi-Family

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

Sold Date 11/30/23

Style Colonial

Abv Grd Liv Area 2,368

Originating Board BRIGHT

Year Built 1942

Annual Tax Amount $6,040

Tax Year 2022

Lot Size 2,560 Sqft

Acres 0.06

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

Interior Features Floor Plan - Traditional, Kitchen - Galley, Tub Shower

Hot Water Natural Gas

Heating Hot Water

Cooling None

Flooring Hardwood

Equipment Refrigerator, Disposal, Range Hood

Fireplace N

Appliance Refrigerator, Disposal, Range Hood

Heat Source Natural Gas

Exterior

Water Access N

View City

Roof Type Shingle

Accessibility Doors - Swing In

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type Brick

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4494//0845

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jeremiah Abu-Bakr • Own Real Estate
Bought with Abel M Gebremichael • Keller Williams Capital Properties

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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