521 17TH ST NE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,228 sqft
Price per Sqft $484
MLS Listing ID DCDC2170542
Style Traditional
Abv Grd Liv Area 2,228
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $8,435
Tax Year 2024
Lot Size 2,272 Sqft
Acres 0.05
Property Description
This exceptional four-unit investment property, offering 1 bedroom and 1 bathroom units each with its own parking space, is back on the market with fresh updates and tremendous income potential. All systems well-maintained by a property manager and can be delivered vacant, this property is ideal for owner-occupants, investors, or developers alike. Situated in a prime location, this property is positioned for appreciation and increased rental demand. With a prior appraisal of $1.4M and potential rental income up to $2,400 per unit, the investment prospects and income potential are outstanding.
Each unit features stainless steel appliances, jacuzzi tubs, hardwood floors, modern washer/dryer combo units and a dedicated parking space. Situated just 3 blocks from the vibrant H Street Entertainment Corridor, the property is also conveniently located near Amtrak Union Station, Capitol Hill, Whole Foods, Metro, and shopping. Additionally, it sits across the street from a beautifully renovated multi-million-dollar recreation center with a pool, exercise room, athletic field, playground, and library.
Boasting a prime corner lot location with parking, a substantial land survey, and excellent income potential, this property is a rare opportunity. Don't miss your chance to own a lucrative investment in one of Northeast D.C.'s most sought after neighborhoods!
Location
State DC
County Washington
Zoning R4
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Foundation Other
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 4537//0844
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard