1014 17TH ST NE new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,272 sqft
Price per Sqft $290
Subdivision Trinidad
MLS Listing ID DCDC2167280
Style Side-by-Side,Unit/Flat,Federal
Abv Grd Liv Area 3,272
Originating Board BRIGHT
Year Built 1936
Annual Tax Amount $7,415
Tax Year 2023
Lot Size 4,212 Sqft
Acres 0.1
Property Description
This four-unit building offers an amazing development opportunity, a buy-and-hold opportunity, or fits the home hack investor looking to build equity as an owner-occupant. RA-2 zoning permits moderate and medium-density rowhouses and apartments. By right FAR of 1.8 + additional 0.4 FAR in a penthouse, building height of 50', and lot occupancy of 60% on the 4,214 sq ft lot. Buildings at 1010 and 1022 17th Street NE show the density potential of 10+ units. Currently arranged as a four-unit building, all 2 BR and 1 BA units. Fully tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can vacate one unit for easy move-in, offset expenses with rental income, and build equity fast.
The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.
Location
State DC
County Washington
Zoning RA2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Inclusions Please see disclosures.
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Unknown
Accessibility None
Road Frontage Public
Total Parking Spaces 4
Garage N
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side,Unit/Flat,Federal
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Browne Education Campus
Middle Schools Browne Education Campus
High Schools Eastern
School District District Of Columbia Public Schools
Others
Tax ID 4473//0802
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock
Acceptable Financing Bank Portfolio,Cash,Conventional,Exchange,FHA,FHA 203(k),Private,USDA,VA
Listing Terms Bank Portfolio,Cash,Conventional,Exchange,FHA,FHA 203(k),Private,USDA,VA
Financing Bank Portfolio,Cash,Conventional,Exchange,FHA,FHA 203(k),Private,USDA,VA
Special Listing Condition Standard