1515 Isherwood Street Northeast
$840,000
Price
8
Beds
4
Baths
3,270 Sq. Ft.
$257 / Sq. Ft.
3,270
Sq. Ft.
$257
per Sq. Ft.
Active Under Contract
Active Under Contract
Description
Nestled in the Old City 1 subdivision, this property enjoys the location near the vibrant H Street Corridor, Ivy City, and Union Market, offering residents both convenience and charm. Spanning 3,270 square feet on a 0.07-acre parcel, the building comprises 2 two-bedroom/one-bath units, and 2 one-bedroom/one bath units, with two of the units being recently renovated. Recent updates include new flooring, two new water heaters, and an updated roof in 2021. The property also benefits from ample street...Nestled in the Old City 1 subdivision, this property enjoys the location near the vibrant H Street Corridor, Ivy City, and Union Market, offering residents both convenience and charm. Spanning 3,270 square feet on a 0.07-acre parcel, the building comprises 2 two-bedroom/one-bath units, and 2 one-bedroom/one bath units, with two of the units being recently renovated. Recent updates include new flooring, two new water heaters, and an updated roof in 2021. The property also benefits from ample street parking, adding to its attractiveness for tenants. Currently, two units are occupied by voucher tenants, with the DC government paying $2,637 per month for each unit. The owner covers the utilities. The remaining units present an excellent opportunity for immediate lease-up, projecting a potential CAP rate of over 10% once fully occupied! Situated at 1515 Isherwood St NE, Washington, DC 20002, the property boasts excellent connectivity. The closest metro stations, Stadium-Armory (Blue, Orange, and Silver lines) and Minnesota Ave (Orange line), along with multiple WMATA bus routes, provide seamless access throughout the city. The neighborhood is pedestrian-friendly, with well-maintained sidewalks and crosswalks facilitating easy walking access to nearby amenities and transit options. This offering presents a rare chance to acquire a well-located, updated property with strong income potential in a thriving Washington, DC neighborhood. This is a SHORT SALE. All offers are contingent upon third-party approval from the lender. Please submit your offers by Friday, June 21st or before. For more information and to schedule a showing, please contact the showing contact only!
- Listed by Brian C Hosey • Marcus & Millichap Real EstateP: 2025363700 brian.hosey@marcusmillichap.com
- Listed by Lorenzo M Wooten Jr. • Marcus & Millichap Real EstateP: 2025363742 lorenzo.wooten@marcusmillichap.com
Property Details for 1515 Isherwood Street Northeast
Tax ID Number
4544//0177
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther, Traditional
WaterfrontNo
GarageNo
SubdivisionKINGMAN PARK
SubdivisionKINGMAN PARK (WASHINGTON DC)
LISTING UPDATED: 08/14/2024 06:02 AM
Property Details for 1515 Isherwood Street Northeast
| Status | Active Under Contract |
|---|---|
| MLS # | DCDC2144866 |
| Days on Market | 4 |
| Taxes | $13,941 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1937 |
| Lot Size | 0.07 AC / 3,128 SF |
| County | District of Columbia |
Building
1515 Isherwood St NE
Built in 1937
Building Information for 1515 Isherwood Street Northeast
Stories-Residences-Year Built1937Building Size-Lot Size0.07 AC / 3,128 SF
Property Information for 1515 Isherwood Street Northeast
Location
Location
- In City Limits: Yes
- School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- School District County ID: 121140357950
- SchoolDistrictSource: 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: $1,640,130
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $1,157,600
- City Town Tax: $13,941
- Land Assessed Value: $482,530
- Clean Green Assessed: No
- Land Use Code: 0
- Agricultural Tax Due: No
- Historic: No
- Zoning: RF-1
- Tax Lot: 177
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 4
- Three Bedroom Units Count: 0
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Multi Family
Unit 1
- Type: Unit 1
- Unit Type Occupied YN: No
- Level: 1
- Unit Type Finished SQFT: 770
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 2
Unit 2
- Type: Unit 4
- Unit Type Occupied YN: Yes
- Level: 2
- Unit Type Finished SQFT: 760
- Beds Total: 2
- Full Baths Count: 1
- Total Rooms: 2
Unit 3
- Type: Unit 3
- Unit Type Occupied YN: No
- Level: 2
- Unit Type Finished SQFT: 760
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 2
Unit 4
- Type: Unit 2
- Unit Type Occupied YN: Yes
- Level: 1
- Unit Type Finished SQFT: 770
- Beds Total: 2
- Half Baths Count: 0
- Full Baths Count: 1
- Total Rooms: 2
Financial Information
Financial Information
- Annual Rental Income: $63,288
Building Info
Building Info
- Year Major Reno Remodel: 2019
- Building Level Count: 2
- Building Units Total: 4
- Total Finished SQFT: 3,270.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 3,270.00
- Total SQFT: 3,366.00
- Total SQFT Source: Estimated
- Construction Materials: Brick, Block
- Roof: Tar/Gravel
- Wall and Ceiling Types: Plaster Walls, Dry Wall
- Flooring Type: Ceramic Tile, Carpet, Vinyl
- Basement Type: Outside Entrance, Partial
- Foundation Details: Crawl Space
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Lot Features: Front Yard
- Soil Types: Unknown
- Parcel ID: 16081058
Parking
Parking
- Type Of Parking: On Street
- Parking Features: Free
Interior Features
Interior Features
- Fireplace: No
- Appliances: Oven/Range - Gas, Refrigerator
- Accessibility Features: 2+ Access Exits
- Window Features: Double Hung, Insulated
Exterior Features
Exterior Features
- Spa: No
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Property History for 1515 Isherwood Street Northeast
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1515 Isherwood Street Northeast
Taxable ValueLand$482,530Additions$1,157,600Total$1,640,130
Tax Record2023$14,037 ($1,170 / month)
Home Facts
Baths4Total Finished SqFt3,270 SqFtAbove Grade Finished SqFt3,270 SqFtStories2Lot Size3,128 SqFtStyleMulti-Family Dwelling (2-4)Year Built1937Year Renovated2015ZoningRF-1CountyDISTRICT OF COLUMBIAAPN4544 0177
Schools near 1515 Isherwood Street Northeast
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
Miner Elementary School PublicPK to 5 | ||
Eliot-Hine Middle School Public6 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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Listing Courtesy of Marcus & Millichap Real Estate
© 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 08/14/2024 06:02 AM