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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Andrew O'Neill • O'Neill Realty Advisors, LLC

$1,199,000

Est. payment - /mo

3,200 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $374

MLS Listing ID DCDC2252302

Style Colonial

Abv Grd Liv Area 3,200

Year Built 1937

Annual Tax Amount $7,784

Tax Year 2026

Lot Size 4,635 Sqft

Acres 0.11

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Rarely available 4 unit in well managed condition in upper NW, DC that is AT OR BELOW REPLACEMENT COST. RENT CONTROL EXEMPT (conveys w/ RAD Exemption) and for buyers who qualify in Washington, DC, this property would remain exempt. BUYER CAN OCCUPY A UNIT IMMEDIATELY AND BENEFIT FROM HAVING RENT FROM THE OTHER 3 OCCUPIED UNITS, or rent all 4. Solid brick on block construction and easy to self-manage. ALL UNITS SEPARATELY METERED FOR GAS AAND ELECTRIC. Each has its own furnace, hot water heater and washer/dryer in unit. 2 blocks from Whole Foods, Starbucks and the Parks at Walter Reed. Walking distance to Takoma Park Metro and easy access to downtown Silver Spring, Petworth, and Columbia Heights. Easy to rent, just off 16th Street NW. Neighborhood is quiet and convenient and adjacent to Rock Creek Park. All Four units are 2BR, 1Bath configurations n have been updated circa 2006, all have hardwood floors, w/ updated kitchens that features hardwood cabinets, a ceramic tile floor, and updated kitchen appliances. Each apartment has a rear entrance that opens onto an off-street parking area that is available for use by building residents only for addl income. Each apt has its own forced air, central AC/heat, and intercom system. Water and sewage fees and trash collection are included in the rental fee. But these fees could be recuperated in new leases. BLDG HAS UP TO 8 STACKED PARKING SPACES IN REAR OF BLDG OFF STREET THAT PROVICES ADDITIIONAL INCOME and there is also has ample well-lit street parking. The apartment is cable/high-speed internet (multiple suppliers), minimal capital expenditures, and strong upside potential. Roof is solid condition. This property is ideal for an owner-occupant looking to have rental income service their loan or investors seeking immediate cash flow and long-term value in a vibrant area. EACH UNIT CONTAINS OWN HVAC, AND 3 OUT OF THE 4 UNITS HAVE BEEN REPLACED IN 2025-2026. Short work to Rock Creek Park, The Parks at Walter Reed, Whole Foods, Starbucks, restaurants, and from Fort Stevens Park with playgrounds, tennis courts, basketball courts, and a recreation center. Multiple bus lines directly in front of bldg.

DO NOT enter the bldg without express written authorization from listing broker. Contact listing broker, who owns property, for income, expenses and other evaluation materials.

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Garage Spaces 8.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 8

Garage N

Private Pool No

Building

Foundation Crawl Space

Above Ground Finished SqFt 3200

Sewer Public Septic

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2732//0075

Ownership Fee Simple

SqFt Source 3200

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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6616 14TH ST NW Washington, DC 20012