2831 Otis Street NE
Washington, DC 20018
- 3 beds
- 1 bath
- 2,140 sqft
- 5,965 sqft lot
- $186 per sqft
- 1946 build
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This property offers substantial potential for renovation and expansion. Situated on a spacious 7200 sqft lot with alley access, the house includes a walk-out basement, allowing for expansion on three levels by extending the rear of the property. It is ideal for investors looking to maximize returns through strategic upgrades. Investors take note! This property boasts a prime location on a one-way street directly across from the Missionaries of Charity. The area is witnessing a trend of investors expanding homes and adding garages or accessory dwellings to maximize space and value. Expansion Potential: With alley access and a walk-out basement, this property offers ample opportunity for renovation and multi-level expansion. Consider 203k rehab loans or cash purchases to capitalize on this promising investment.
Last checked:
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Last updated Oct 17, 2024
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MLS# DCDC2145268 —
The Building
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Year Built:1946
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Structure Type:Detached
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Historic:No
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Architectural Style:Colonial
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Levels:3
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Accessibility Features:None
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Foundation Details:Slab
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Basement:Yes
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Basement Type:Connecting Stairway, Walkout Level
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Total SqFt Source:Assessor
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Total Below Grade SqFt:841
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1500
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Finished SqFt:640
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Below Grade Unfinished SqFt:201
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:2140
Interior
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Fireplace:Yes
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Fireplaces:1
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2341
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Living Area SqFt:2,140 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA 203(b)
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Buyer Financing:Cash
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Possession:Settlement
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Lease Considered:No
Location
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Directions:Rhode Island Ave to Otis
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Cross Street:Rhode Island
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Latitude:38.93490000
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Longitude:-76.96690000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.14
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Lot Size Source:Assessor
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Lot SqFt:5,965 Sqft
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Zoning:R-1
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Fencing:Chain Link
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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:
- (571) 235-7191
- Office phone:
- (202) 526-7141
Taxes
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Tax ID Number:4307//0072
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Tax Year:2023
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Tax Lot:72
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Tax Annual Amount:$5,818
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Tax Assessed Value:$684,430
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Year Assessed:2023
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City/Town Tax:5818.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:3
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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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:Woodridge
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
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Transportation:Bus Stop less than 1 mile
Parking
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Garage:No
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Type of Parking:Off Street
Extra Units
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Vacation Rental:No
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/28/24
Aug 28, 2024
|
Sold | BRIGHT | $399,000 | -16.0% |
7/29/24
Jul 29, 2024
|
Pending | BRIGHT | $475,000 | |
7/15/24
Jul 15, 2024
|
Price Changed | BRIGHT | $475,000 | -13.6% |