2928 Nelson Place Southeast
$1,150,000
—
2,720
2,720
$423
Description
Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two...Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.
- Listed by Sebrin Adem • RE/MAX AllegianceP: (703)-225-8292 sebrinadem@gmail.com
Property Details for 2928 Nelson Place Southeast
Tax ID Number
5505//0023
OwnershipFee Simple
Structure TypeOther
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date08-14-2024
Legal SubdivisionHillcrest
LISTING UPDATED: 11/02/2024 09:30 AM
Property Details for 2928 Nelson Place Southeast
Status | Active |
---|---|
MLS # | DCDC2154388 |
Days on Market | 131 |
Taxes | $4,544 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1940 |
Lot Size | 0.09 AC / 4,008 SF |
County | District of Columbia |
Building Information for 2928 Nelson Place Southeast
Stories-Residences4Year Built1940Building Size-Lot Size0.09 AC / 4,008 SF
Property Information for 2928 Nelson Place Southeast
Property History for 2928 Nelson Place Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2928 Nelson Place Southeast
Taxable ValueLand$190,900Additions$433,680Total$624,580
Tax Record2024$5,309 ($442 / month)
Home Facts
Baths4Total Finished SqFt2,720 SqFtAbove Grade Finished SqFt2,720 SqFtStories2Lot Size4,008 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940ZoningRA-1CountyDISTRICT OF COLUMBIAAPN5505 0023
Schools near 2928 Nelson Place Southeast
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 - | 3 to 12 |
Rating | School | Distance |
---|---|---|
Randle Highlands Elementary School PublicPK to 5 | ||
Sousa Middle School Public6 to 8 | ||
Anacostia High School Public9 to 12 | ||
River Terrace Elementary School Public3 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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