325 V Street NE
Washington, DC 20002
- – beds
- – baths
- 2,648 sqft
- 1,401 sqft lot
- $434 per sqft
- 1923 build
**Investment Opportunity in Eckington, DC** Seize this rare chance to invest in the highly desirable Eckington neighborhood with this recently updated two-unit building, featuring a total of 8 bedrooms and 3 full baths. Boasting stunning hardwood floors and brand-new appliances, this property harmoniously blends classic charm with modern comfort. Perfectly located within walking distance of McKinley Tech High School, Howard University, and the vibrant Union Market, this building offers exceptional convenience. It comes with an approved certificate of occupancy and is fully rent-ready, making it ideal for both investors and homeowners. The financial potential is impressive, with proformas indicating a possible gross revenue of over $102,000 annually, providing an attractive cap rate when fully rented. If you decide to occupy the upper unit and rent out the lower unit, you can still anticipate a solid annual minimum rental income of $60,600, translating to $5,050 per month (with potential increases once current tenants vacate in January 2025). Whether your goal is to generate significant passive income or to live in one unit while renting out the other, this property presents endless possibilities for financial growth. Don’t miss your chance to secure a prime investment for your future. Please note that Unit #1 is currently occupied and requires 48 hours' notice for showings. Contact the listing agent for all showing requests.
Listing courtesy of BRIGHT / Keller Williams Chantilly Ventures
Last checked:
Checking…
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Last updated Feb 1, 2025
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MLS# DCDC2157870 —
The Building
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Year Built:1923
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Year Built Source:Assessor
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Year Major Reno/Remodel:2023
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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 Levels:3
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Federal
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Accessibility Features:None
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Foundation Details:Brick/Mortar, Pilings
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt:884
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2648
Interior
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Interior Features:2nd Kitchen, Bathroom - Tub Shower, Built-Ins, Central Vacuum, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Efficiency, Kitchen - Galley
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Room Count:8
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Flooring Type:Hardwood
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2652
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Living Area SqFt:2,648 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Conventional, Cash, FHA
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Possession:Settlement
Location
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Directions:See Google Maps
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Latitude:38.91791000
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Longitude:-77.00091000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot SqFt:1,401 Sqft
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Zoning:RF-1
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Zoning Description:The Residential Flat (RF) zones are residential zones, which provide for areas developed primarily with row dwellings
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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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Soil Types:Urban Land-Sassafras-Chillum
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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:
- (703) 815-5700
- Office phone:
- (703) 815-5700
Taxes
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Tax ID Number:3563//0103
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Tax Year:2024
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Tax Lot:103
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Tax Annual Amount:$8,774
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Tax Assessed Value:$1,043,270
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Year Assessed:2024
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City/Town Tax:8774.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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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:Electric
Utilities
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Utilities:Cable TV, Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Other
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Sewer/Septic:Public Sewer, Public Septic
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Hot Water:Electric
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Water Source:Public
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Internet Services:Broadband
Appliances
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Appliances:Built-In Range, Cooktop, Dishwasher, Washer/Dryer Stacked
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:Eckington
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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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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
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Three Bedroom Units:1
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 |
---|---|---|---|---|
1/27/25
Jan 27, 2025
|
Price Changed | BRIGHT | $1,150,000 | -4.2% |
9/10/24
Sep 10, 2024
|
Listed / Active | BRIGHT | $1,200,000 |