1014 17th Street Northeast

Washington, DC 20002

$950,000
Price
Beds
3,272 Sq. Ft.
$290 / Sq. Ft.
3,272
Sq. Ft.
$290
per Sq. Ft.

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,...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.
  1. Listed by Ty Voyles • Keller Williams Capital Properties
    P: (202)-725-8983 ty@fulcrumpg.com

Property Details for 1014 17th Street Northeast

Tax ID Number
4473//0802
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Side-by-Side, Unit/Flat, Federal
Waterfront
No
Garage
No
Expected On Market Date
12-20-2024
Subdivision
TRINIDAD
LISTING UPDATED: 12/18/2024 03:19 PM

Property Details for 1014 17th Street Northeast

StatusComing Soon
MLS #DCDC2167280
Days on Market-
Taxes$7,415 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1936
Lot Size0.10 AC / 4,212 SF
CountyDistrict of Columbia

Building Information for 1014 17th Street Northeast

Stories-Residences4Year Built1936Building Size-Lot Size0.10 AC / 4,212 SF

Property Information for 1014 17th Street Northeast

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • Elementary School: BROWNE EDUCATION CAMPUS (WASHINGTON DC)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: BROWNE EDUCATION CAMPUS (WASHINGTON DC)
  • MiddleSchoolSource: Listing Agent
  • High School: EASTERN (WASHINGTON DC)
  • HighSchoolSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $872,390
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $446,220
  • City Town Tax: $7,415
  • Land Assessed Value: $426,170
  • Clean Green Assessed: No
  • Municipal Trash: No
  • Land Use Code: 0
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RA2
  • Zoning Dscrp: The RA-2 zone provides for areas developed with predominantly moderate-density residential.
  • Tax Lot: 802
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Miscellaneous, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
Unit Information
Unit Information
  • Single Room Units Count: 4
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 4
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Trash
  • Water Avg Month: $229
  • Water Prev 12 Months: $2,748
  • Heating Oil Avg Month: $0
  • Heating Oil Prev 12 Months: $0
  • Electric Avg Month: $0
  • Electric Prev 12 Months: $0
  • Gas Avg Month: $0
  • Gas Prev 12 Months: $0
Financial Information
  • Gross Income: $63,720
  • Gross Scheduled Income: $63,720
  • Net Operating Income: $48,388
  • Annual Rental Income: $63,720
  • Income Includes: Apartment Rentals
  • Cap Rate: .05
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,272.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Level
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Road Responsibility: Public
  • Parcel ID: 16079581
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street, Off Street
  • Off Street - # of Spaces: 4
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
  • Security Features: Main Entrance Lock
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Street Lights
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Underground
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.fulcrumpg.com

Property History for 1014 17th Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1014 17th Street Northeast

Taxable ValueLand$426,340Additions$496,400Total$922,740
Tax Record2024$7,843 ($654 / month)
Home Facts
Baths4Total Finished SqFt3,272 SqFtAbove Grade Finished SqFt3,272 SqFtStories2Lot Size4,212 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936ZoningRA-2CountyDISTRICT OF COLUMBIAAPN4473 0802

Schools near 1014 17th Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Browne Education Campus
PublicPK to 8

Eastern High School
Public9 to 12

School-Within-School @ Goding
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital Properties

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/18/2024 03:19 PM