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1017 17th Place NE

Washington, DC 20002

– beds
– baths
2,810 sqft
3,744 sqft lot
$302 per sqft
1936 build

***EXCELLENT OPPORTUNITY FOR DEVELOPER*** Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. At current, each unit offers 2 bedroom/1 bath with extended bump out. In need of renovation and/or repairs. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 900 s/f each ($485 s/f), Total s/f = 7,200; ARV = $3,492,000. Projected Construction Cost: Acquisition Cost $850,000; Construction Cost: $1,188,000 ($165+ per s/f x 7,200 s/f of living area); Negotiated Broker’s Fee (5%); $174,600; Carrying Cost at 12%: $489,120 (24 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $2,761,720; Profit: $730,280; ROR: 26.4%; Very HOT area for new development. Condo conversion projects next door, across the street and three doors down. ENTIRE BUILDING IS VACANT. NO TOPA INVOLVED. PHOTOS DO NOT REPRESENT CURRENT CONDITION.

Listing courtesy of BRIGHT / Coldwell Banker Realty - Washington

Last checked: Checking… • Last updated Mar 5, 2025 •

MLS# DCDC2187996 —

The Building

Year Built:

1936
Year Built Source:

Estimated
Year Major Reno/Remodel:

2000
New Construction:

No
Construction Materials:

Brick, Stone
Building Units Total:

4
Structure Type:

Twin/Semi-Detached
Architectural Style:

Other
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

2810
Living Area SqFt:

2,810 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Other

Location

Directions:

From downtown, east on H Street NE; Turn left onto Bladensburg Road; Turn right onto L Street NE; Turn right onto 17th Place NE; Property on left (1017 17th Place NE)
Cross Street:

K Street NE
Latitude:

38.90319000
Longitude:

-76.97986000

The Property

Property Subtype:

Quadruplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.09
Lot Size Source:

Estimated
Lot SqFt:

3,744 Sqft
Zoning:

RA-2
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Waterview:

No
Soil Types:

Unknown
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

4473//0111
Tax Year:

2024
Tax Annual Amount:

$7,600
Tax Assessed Value:

$950,000
Year Assessed:

2023
City/Town Tax:

7600.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

District Of Columbia Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 4
Vacation Rental:

No
Units Furnished:

None
Two Bedroom Units:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/5/25 Mar 5, 2025	Listed / Active	BRIGHT	$849,900

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This multifamily located in Northeast Washington, Washington, DC 20002 is currently for sale for $849,900. 1017 17th Place NE is a 2,810 square foot multifamily with – beds and – baths. 1017 17th Place NE is in the Northeast Washington neighborhood of Washington and has a WalkScore® of 88, making it very walkable.

Listing Courtesy of: BRIGHT and Coldwell Banker Realty - Washington.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.