2928 Nelson Place Southeast

Washington, DC 20019

$1,150,000
Price
Beds
2,720 Sq. Ft.
$423 / Sq. Ft.
2,720
Sq. Ft.
$423
per Sq. Ft.

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.
  1. Listed by Sebrin Adem • RE/MAX Allegiance
    P: (703)-225-8292 sebrinadem@gmail.com

Property Details for 2928 Nelson Place Southeast

Tax ID Number
5505//0023
Ownership
Fee Simple
Structure Type
Other
Style
Colonial
Waterfront
No
Garage
No
Expected On Market Date
08-14-2024
Legal Subdivision
Hillcrest
LISTING UPDATED: 11/02/2024 09:30 AM

Property Details for 2928 Nelson Place Southeast

StatusActive
MLS #DCDC2154388
Days on Market131
Taxes$4,544 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.09 AC / 4,008 SF
CountyDistrict 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

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: 2022
  • Tax Assessed Value: $603,440
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $419,830
  • City Town Tax: $4,544
  • Land Assessed Value: $183,610
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: NA
  • Tax Lot: 23
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 2
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Soil Types: Urban Land-Galestown-Rumford
  • Parcel ID: 16095239
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Multi Units
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Anne Arundel County Association of REALTORS

Property History for 2928 Nelson Place Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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2928 Nelson Place Southeast is a multi-family home for sale in Washington, DC 20019. This property was listed for sale on August 13, 2024 by RE/MAX Allegiance, it's currently listed at $1,150,000. It has been on the market for a total of 131 days and was last sold on January 14, 2022. This listing's school district is District Of Columbia Public Schools. Nearby schools include Randle Highlands Elementary School, Sousa Middle School and Anacostia High School. 2928 Nelson Place Southeast is a 0-bed, 0-bath, 2,720 sqft multi-family home built in 1940.

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 RE/MAX Allegiance

© 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 11/02/2024 09:30 AM