Washington, DC 20002,1224 RAUM ST NE
Washington, DC 20002,1224 RAUM ST NE
Washington, DC 20002,1224 RAUM ST NE
Washington, DC 20002,1224 RAUM ST NE
Washington, DC 20002,1224 RAUM ST NE
Washington, DC 20002,1224 RAUM ST NE
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$875,000

$998,000

12.3%
Est.Price: ?

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Est. payment /mo

3,916 SqFt


SOLD DATE : 03/29/2024

Key Details

Sold Price $875,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,916 sqft

Price per Sqft $223

MLS Listing ID DCDC2118766

Sold Date 03/29/24

Style Traditional

Abv Grd Liv Area 3,552

Originating Board BRIGHT

Year Built 1936

Annual Tax Amount $7,152

Tax Year 2022

Lot Size 3,672 Sqft

Acres 0.08

Property Description

Price Reduced more than $100K. Now is the time to invest in this wonderful opportunity. Welcome to 1224 Raum St. NE, a fantastic investment opportunity in the heart of Northeast Washington, D.C. This quadruplex building offers not only an income-generating property but also the potential for condo conversion, making it a smart choice for both investors and developers who would like to capitalize on the strong demand for housing in this vibrant neighborhood. The property's location and area revitalization ensures steady appreciation in property values, making it a wise investment choice. The lower level and large backyard could accommodate further development and additional units. 1224 Raum St. NE is vacant and immediately available. Seller is willing to offer a $50,000 credit for roof repairs.

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water Natural Gas

Heating Radiator, Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4052//0106

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michelle S Quinn • Compass
Bought with Megan Ferra • Keller Williams Capital Properties
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