1014 17th Street NE
Washington, DC 20002
- – beds
- – baths
- 3,272 sqft
- 4,212 sqft lot
- $290 per sqft
- 1936 build
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.
Listing courtesy of BRIGHT / Keller Williams Capital Properties
Last checked:
Checking…
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Last updated Dec 19, 2024
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MLS# DCDC2167280 —
The Building
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Year Built:1936
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Year Built Source:Assessor
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Roof:Unknown
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New Construction:No
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Construction Materials:Brick
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Building Units Total:4
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Structure Type:Interior Row/Townhouse
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Historic:No
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Architectural Style:Side-by-Side, Unit/Flat, Federal
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Security Features:Main Entrance Lock
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Building Winterized:Yes
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3272
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3272
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Living Area SqFt:3,272 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Bank Portfolio, Cash, Conventional, Exchange, FHA, FHA 203(k), Private, USDA, VA
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Possession:Negotiable, Subject to Existing Lease, Settlement
Location
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Directions:Take Benning road to 17th st, NE, Go north on 17th, across MD ave and K streets, 1014 on the west side of 17th street NE
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Cross Street:K St NE
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Latitude:38.90307000
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Longitude:-76.97924000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Property Condition:Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.10
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Lot Size Source:Assessor
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Lot Features:Level
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Lot SqFt:4,212 Sqft
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Inclusions:Please see disclosures.
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Exclusions:Please see disclosures.
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Zoning:RA2
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Zoning Description:The RA-2 zone provides for areas developed with predominantly moderate-density residential.
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Road Responsibility:Public
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View:No
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Soil Types:Urban Land-Cristiana-Sunnysider
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 725-8983
- Office phone:
- (202) 243-7700
Taxes
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Tax ID Number:4473//0802
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Tax Year:2023
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Tax Lot:802
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Tax Annual Amount:$7,415
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Tax Assessed Value:$872,390
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Year Assessed:2023
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City/Town Tax:7415.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Underground
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Elementary School:Browne Education Campus
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Middle School:Browne Education Campus
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High School:EASTERN
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Trinidad
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Exterior Features:Sidewalks, Street Lights
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:No
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Transportation:Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
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Cap Rate:0.05
Parking
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Total Garage and Parking Spaces:4
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Garage:No
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Type of Parking:On Street, Off Street
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Off Street - # of Spaces:4
Extra Units
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# of Units:4
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Vacation Rental:No
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Units Furnished:None
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Single Room Units:4
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Two Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/19/24
Dec 19, 2024
|
Listed / Active | BRIGHT | $950,000 |