DC > Washington > Trinidad
Washington, DC 20002,1014 17TH ST NE
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Washington, DC 20002,1014 17TH ST NE
Washington, DC 20002,1014 17TH ST NE
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Daniel Rallo

Daniel Rallo

+1(609) 338-7364
$ 950,000
Est. payment /mo
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1014 17TH ST NE Washington, DC 20002

3,272 SqFt

UPDATED:

12/19/2024 02:30 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,272 sqft

Price per Sqft $290

Subdivision Trinidad

MLS Listing ID DCDC2167280

Style Side-by-Side,Unit/Flat,Federal

Abv Grd Liv Area 3,272

Originating Board BRIGHT

Year Built 1936

Annual Tax Amount $7,415

Tax Year 2023

Lot Size 4,212 Sqft

Acres 0.1

Property Description

This four-unit building offers an amazing development opportunity, a buy-and-hold opportunity, or fits the home hack investor looking to build equity as an owner-occupant. RA-2 zoning permits moderate and medium-density rowhouses and apartments. By right FAR of 1.8 + additional 0.4 FAR in a penthouse, building height of 50', and lot occupancy of 60% on the 4,214 sq ft lot. Buildings at 1010 and 1022 17th Street NE show the density potential of 10+ units. Currently arranged as a four-unit building, all 2 BR and 1 BA units. Fully tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can vacate one unit for easy move-in, offset expenses with rental income, and build equity fast.
The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.

Location

State DC

County Washington

Zoning RA2

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Window Unit(s)

Inclusions Please see disclosures.

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Unknown

Accessibility None

Road Frontage Public

Total Parking Spaces 4

Garage N

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side, Unit/Flat, Federal

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Browne Education Campus

Middle Schools Browne Education Campus

High Schools Eastern

School District District Of Columbia Public Schools

Others

Tax ID 4473//0802

Ownership Fee Simple

SqFt Source Assessor

Security Features Main Entrance Lock

Acceptable Financing Bank Portfolio, Cash, Conventional, Exchange, FHA, FHA 203(k), Private, USDA, VA

Listing Terms Bank Portfolio, Cash, Conventional, Exchange, FHA, FHA 203(k), Private, USDA, VA

Financing Bank Portfolio,Cash,Conventional,Exchange,FHA,FHA 203(k),Private,USDA,VA

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Ty Voyles • Keller Williams Capital Properties

Daniel Rallo

Broker Associate | License ID: 0448508

+1(609) 338-7364

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1014 17TH ST NE