589 Columbia Road NW
Washington, DC 20001
- – beds
- – baths
- 7,132 sqft
- 4,791 sqft lot
- $182 per sqft
- 1980 build
Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
Listing courtesy of BRIGHT / RLAH @properties
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# DCDC2133436 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1980
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Year Built Source:Estimated
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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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Architectural Style:Other
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Building Units Total:4
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:7132
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Living Area SqFt:7,132 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash
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Possession:Settlement
Location
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Directions:Head north toward T St NW 112 ft Turn right onto T St NW 0.1 mi Turn left onto 7th St NW 259 ft Continue onto Georgia Ave NW Pass by Chipotle Mexican Grill (on the right in 0.3 mi) 0.8 mi Turn right onto Harvard St NW May be closed at certain times or days 0.1 mi Harvard St NW turns left and becomes Hobart Pl NW 341 ft Turn left onto Warder St NW 246 ft Turn left onto Columbia Rd NW Destination will be on the right 312 ft 589 Columbia Rd NW, Washington, DC 20001
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Latitude:38.92863000
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Longitude:-77.02046000
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:0.11
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Lot Size Source:Assessor
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Lot SqFt:4,791 Sqft
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Zoning:RF-1
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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:Unknown
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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:
- (202) 638-9497
- Office phone:
- (202) 518-8781
Taxes
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Tax ID Number:3051//0825
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Tax Year:2023
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Tax Lot:825
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Tax Annual Amount:$40,020
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Tax Assessed Value:$1,368,220
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Year Assessed:2023
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City/Town Tax:40020.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating Type:None
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Heating Fuel:None
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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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Driveway, Off Street, Alley, On Street, Parking Lot
Extra Units
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Vacation Rental:No
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Three 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 |
---|---|---|---|---|
8/6/24
Aug 6, 2024
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Price Changed | BRIGHT | $1,300,000 | -7.1% |
3/20/24
Mar 20, 2024
|
Listed / Active | BRIGHT | $1,400,000 |