325 V Street Northeast

Washington, DC 20002

$1,200,000
Price
8
Beds
3
Baths
2,648 Sq. Ft.
$453 / Sq. Ft.
2,648
Sq. Ft.
$453
per Sq. Ft.

Description

Discover a rare investment opportunity in the highly sought-after Eckington neighborhood of DC with this recently updated two-unit building (8 Bedrooms and 3 Full Baths Total). Featuring stunning hardwood floors and brand-new appliances, this property seamlessly blends classic charm with modern comfort. Strategically located within walking distance to the prestigious McKinley Tech High School, Howard University, and the lively Union Market, this building offers unbeatable convenience. Plus, it comes...Discover a rare investment opportunity in the highly sought-after Eckington neighborhood of DC with this recently updated two-unit building (8 Bedrooms and 3 Full Baths Total). Featuring stunning hardwood floors and brand-new appliances, this property seamlessly blends classic charm with modern comfort. Strategically located within walking distance to the prestigious McKinley Tech High School, Howard University, and the lively Union Market, this building offers unbeatable convenience. Plus, it comes with an approved certificate of occupancy and is fully rent-ready, ensuring a smooth transition for investors or homeowners. The numbers speak for themselves: proformas show a potential gross revenue of over $102,000 annually, delivering an impressive Cap Rate if fully rented. If you choose to occupy the upper unit and rent out the lower unit, you can still expect a solid $60,600 annually with a rental income of $ 5,050 per month (or more when the current tenants move out in January 2025). Whether you're looking to generate substantial passive income or live in one unit while renting out the other, this property offers endless possibilities for financial growth. Don’t miss out on securing your future with this prime investment. Unit #1 (occupied) requires 48 hours to show, please contact LA with all showing requests.
  1. Listed by Sabrina Kim • Keller Williams Chantilly Ventures
    P: 7038155700 sabrina.kim@kw.com

Property Details for 325 V Street Northeast

Tax ID Number
3563//0103
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Federal
Waterfront
No
Garage
No
Expected On Market Date
09-14-2024
Subdivision
ECKINGTON
LISTING UPDATED: 09/16/2024 09:34 PM

Property Details for 325 V Street Northeast

StatusActive
MLS #DCDC2157870
Days on Market11
Taxes$5,916 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1923
Lot Size0.03 AC / 1,401 SF
CountyDistrict of Columbia

Building Information for 325 V Street Northeast

Stories-Residences2Year Built1923Building Size-Lot Size0.03 AC / 1,401 SF

Property Information for 325 V 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $696,020
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $273,340
  • City Town Tax: $5,916
  • Land Assessed Value: $422,680
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RF-1
  • Zoning Dscrp: The Residential Flat (RF) zones are residential zones, which provide for areas developed primarily with row dwellings
  • Tax Lot: 103
  • 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: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
  • Units Furnished: None
  • Number Of Units Vacant: 1
  • Number Of Units Month To Month: 0
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 5
  • Half Baths Count: 0
  • Full Baths Count: 2
  • Total Rooms: 5
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 1
  • Beds Total: 3
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Total Rooms: 3
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Level Count: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Urban Land-Sassafras-Chillum
  • Parcel ID: 16064023
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen, Bathroom - Tub Shower, Built-Ins, Central Vacuum, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Efficiency, Kitchen - Galley
  • Fireplace: No
  • Appliances: Built-In Range, Cooktop, Dishwasher, Washer/Dryer Stacked
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV, Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Other
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer, Public Septic
  • Internet Services: Broadband
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS

Property History for 325 V 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 325 V Street Northeast

Taxable ValueLand$422,680Additions$273,340Total$696,020
Tax Record2023$7,345 ($612 / month)
Home Facts
Baths2Total Finished SqFt1,768 SqFtAbove Grade Finished SqFt1,768 SqFtStories2Lot Size1,401 SqFtStyleMulti-Family Dwelling (2-4)Year Built1923Year Renovated2023ZoningRF-1CountyDISTRICT OF COLUMBIAAPN3563 0103

Schools near 325 V Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Langley Elementary School
Public - PK to 5
Mckinley Middle School
Public - 6 to 8
Dunbar High School
Public - 9 to 12
McKinley Technology High School
Public - 9 to 12
Rating
School
Distance
Langley Elementary School
PublicPK to 5

Mckinley Middle School
Public6 to 8

Dunbar High School
Public9 to 12

McKinley Technology High School
Public9 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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More information about 325 V Street Northeast, Washington, DC 20002

325 V Street Northeast is a multi-family home for sale in Washington, DC 20002. This property was listed for sale on September 10, 2024 by Keller Williams Chantilly Ventures, it's currently listed at $1,200,000. It has been on the market for a total of 11 days and was last sold on April 11, 2023. This listing's school district is District Of Columbia Public Schools. Nearby schools include Langley Elementary School, Mckinley Middle School and Dunbar High School. 325 V Street Northeast is a 8-bed, 3-bath, 2,648 sqft multi-family home built in 1923.

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 Chantilly Ventures

© 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 09/16/2024 09:34 PM