2928 Nelson Place SE
Washington, DC 20019
- – beds
- – baths
- 2,720 sqft
- 4,008 sqft lot
- $422 per sqft
- 1940 build
Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.
Listing courtesy of BRIGHT / RE/MAX Allegiance
Last checked:
Checking…
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Last updated Nov 2, 2024
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MLS# DCDC2154388 —
The Building
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Year Built:1940
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Year Built Source:Estimated
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Year Major Reno/Remodel:2022
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New Construction:No
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Construction Materials:Brick
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Structure Type:Other
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Architectural Style:Colonial
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Building Units Total:4
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Accessibility Features:None
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2720
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Living Area SqFt:2,720 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD, Immediate, Negotiable
Location
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Directions:From downtown DC, take Pennsylvania Ave Eastbound. Turn Left on Minnesota Ave, SE. Turn left onto Nelson Place, SE
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Latitude:38.87646044
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Longitude:-76.96638854
The Property
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Property Subtype:Quadruplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.09
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Lot Size Source:Estimated
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Lot SqFt:4,008 Sqft
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Zoning:NA
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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-Galestown-Rumford
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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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 225-8292
- Office phone:
- (703) 237-9500
Taxes
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Tax ID Number:5505//0023
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Tax Year:2022
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Tax Lot:23
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Tax Annual Amount:$4,544
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Tax Assessed Value:$603,440
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Year Assessed:2022
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City/Town Tax:4544.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Multi Units
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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:Other
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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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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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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Two Bedroom Units:2
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Three Bedroom Units:2
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 |
---|---|---|---|---|
8/13/24
Aug 13, 2024
|
Listed / Active | BRIGHT | $1,150,000 |