2016 1st Street Northwest
Washington, DC 20001
$1,200,000
Price
—
Beds
2,859 Sq. Ft.
$420 / Sq. Ft.
2,859
Sq. Ft.
$420
per Sq. Ft.
Description
2016 1st Street NW, DC 20001, in the Le Droit Park subdivision is a newly renovated building
situated on a .04-acre lot, amassing three levels. Zoned RF-1, this historically zoned building includes 2,859 square feet of rentable space with three separately metered three units, comprised of a one-bedroom unit, a one-bedroom unit with a den and a two bedroom unit. Each of the units have energy efficient HVAC systems, new high efficiency washer and dryers, waterless tank water heaters, new luxury laminate...2016 1st Street NW, DC 20001, in the Le Droit Park subdivision is a newly renovated building
situated on a .04-acre lot, amassing three levels. Zoned RF-1, this historically zoned building includes 2,859 square feet of rentable space with three separately metered three units, comprised of a one-bedroom unit, a one-bedroom unit with a den and a two bedroom unit. Each of the units have energy efficient HVAC systems, new high efficiency washer and dryers, waterless tank water heaters, new luxury laminate flooring, stainless steel appliances, and granite counter tops, The building has also received a complete renovation in 2023 with a new roof, new electrical wiring, and new plumbing. The units all have front and rear alley access including patio deck spaces on the second and third floors. There are two parking spaces with access from the alley in the rear of the building.
2016 1st Street NW is being sold vacant and TOPA free. An investor can achieve a stabilized NOI of approximately $84,081 upon stabilization. This building offers a unique opportunity for a homeowner that wants to reside in one unit and lease out the two remaining units or an investor seeking cash-flow in this low-vacancy submarket.
2016 1st Street NW is located six blocks from the Shaw metro station, and it is centrally located between Howard University, two hospitals and walking distance to the central business district. LeDroit Park if one of Washington DC’s most affluent neighborhoods. The average median household income is $131,694 as of 2024, which is 175% of the national average. In addition, 41% of habitants hold a Master’s Degree or higher certification and 59% of the residents are between the ages of 25 and 44. Known for its Victorian Architecture, LeDroit Park has a profound history tied to Howard University, which borders the neighborhood. LeDroit Park has a consistent
tenant base and is one of the highest demand rental markets in the city.
situated on a .04-acre lot, amassing three levels. Zoned RF-1, this historically zoned building includes 2,859 square feet of rentable space with three separately metered three units, comprised of a one-bedroom unit, a one-bedroom unit with a den and a two bedroom unit. Each of the units have energy efficient HVAC systems, new high efficiency washer and dryers, waterless tank water heaters, new luxury laminate...2016 1st Street NW, DC 20001, in the Le Droit Park subdivision is a newly renovated building
situated on a .04-acre lot, amassing three levels. Zoned RF-1, this historically zoned building includes 2,859 square feet of rentable space with three separately metered three units, comprised of a one-bedroom unit, a one-bedroom unit with a den and a two bedroom unit. Each of the units have energy efficient HVAC systems, new high efficiency washer and dryers, waterless tank water heaters, new luxury laminate flooring, stainless steel appliances, and granite counter tops, The building has also received a complete renovation in 2023 with a new roof, new electrical wiring, and new plumbing. The units all have front and rear alley access including patio deck spaces on the second and third floors. There are two parking spaces with access from the alley in the rear of the building.
2016 1st Street NW is being sold vacant and TOPA free. An investor can achieve a stabilized NOI of approximately $84,081 upon stabilization. This building offers a unique opportunity for a homeowner that wants to reside in one unit and lease out the two remaining units or an investor seeking cash-flow in this low-vacancy submarket.
2016 1st Street NW is located six blocks from the Shaw metro station, and it is centrally located between Howard University, two hospitals and walking distance to the central business district. LeDroit Park if one of Washington DC’s most affluent neighborhoods. The average median household income is $131,694 as of 2024, which is 175% of the national average. In addition, 41% of habitants hold a Master’s Degree or higher certification and 59% of the residents are between the ages of 25 and 44. Known for its Victorian Architecture, LeDroit Park has a profound history tied to Howard University, which borders the neighborhood. LeDroit Park has a consistent
tenant base and is one of the highest demand rental markets in the city.
- Listed by Brian C Hosey • Marcus & Millichap Real EstateP: (202)-536-3700 brian.hosey@marcusmillichap.com
- Listed by Lorenzo M Wooten Jr. • Marcus & Millichap Real EstateP: (202)-536-3742 lorenzo.wooten@marcusmillichap.com
Property Details for 2016 1st Street Northwest
Tax ID Number
3116//0011
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleDwelling with Rental, Unit/Flat
WaterfrontNo
ViewsCity
GarageNo
SubdivisionBLOOMINGDALE
LISTING UPDATED: 10/22/2024 09:05 AM
Property Details for 2016 1st Street Northwest
| Status | Active |
|---|---|
| MLS # | DCDC2152484 |
| Days on Market | 115 |
| Taxes | $8,069 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1908 |
| Lot Size | 0.04 AC / 1,800 SF |
| County | District of Columbia |
Building Information for 2016 1st Street Northwest
Stories-Residences3Year Built1908Building Size-Lot Size0.04 AC / 1,800 SF
Property Information for 2016 1st Street Northwest
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
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $949,300
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $412,320
- City Town Tax: $8,069
- Land Assessed Value: $536,980
- Clean Green Assessed: No
- Municipal Trash: Yes
- Land Use Code: 0
- Zoning: RF-1
- Tax Lot: 11
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 2
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 0
Financial Information
Financial Information
- Annual Rental Income: $108,212
Building Info
Green Info
- Green Energy Efficient: HVAC, Lighting
Building Info
- Year Major Reno Remodel: 2024
- Building Units Total: 3
- Total Finished SQFT: 2,859.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 2,859.00
- Total SQFT: 2,859.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Foundation Details: Other
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Soil Types: Unknown
- Location Type: Urban
- Parcel ID: 16053190
Parking
Parking
- Type Of Parking: Off Street
- Off Street - # of Spaces: 2
- Parking Features: Fenced, Paved Driveway, Private, Secure Parking
Interior Features
Interior Features
- Interior Features: Additional Stairway, Ceiling Fan(s), Dining Area, Flat, Pantry, Wood Floors
- Fireplace: No
- Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Microwave, Oven - Single, Stainless Steel Appliances, Washer, Water Heater - Tankless
- Accessibility Features: 2+ Access Exits
- Window Features: Vinyl Clad
Exterior Features
Exterior Features
- Outdoor Living Structures: Balconies- Multiple, Brick, Deck(s), Patio(s)
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Electric
- Hot Water: Tankless
- Water Source: Public
- Sewer Septic: Public Sewer
Property History for 2016 1st Street Northwest
| 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 2016 1st Street Northwest
Taxable ValueLand$551,090Additions$743,630Total$1,294,720
Tax Record2024$9,671 ($806 / month)
Home Facts
Baths3Total Finished SqFt2,859 SqFtAbove Grade Finished SqFt2,859 SqFtStories3Lot Size1,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1908Year Renovated2023ZoningRF-1CountyDISTRICT OF COLUMBIAAPN3116 0011
Schools near 2016 1st Street Northwest
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 - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Langley Elementary School PublicPK to 5 | ||
Mckinley Middle School Public6 to 8 | ||
Dunbar High School Public9 to 12 | ||
Washington Metropolitan High School Public7 to 12 |
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 10/22/2024 09:05 AM