535 3rd Street Northeast
$919,000
—
1,560
1,560
$589
Closed 10/18/24
Description
Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income...Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime location—just 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Building—makes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street.
With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining.
This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Don’t miss out on this rare opportunity to own a piece of DC’s thriving rental market and secure your financial future.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income...Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime location—just 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Building—makes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street.
With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining.
This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Don’t miss out on this rare opportunity to own a piece of DC’s thriving rental market and secure your financial future.
Listing Agent
Property Details for 535 3rd Street Northeast
Tax ID Number
0779//0092
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleTraditional
WaterfrontNo
GarageNo
Expected On Market Date09-04-2024
SubdivisionOLD CITY #1
LISTING UPDATED: 10/19/2024 12:04 AM
Property Details for 535 3rd Street Northeast
Status | Closed |
---|---|
MLS # | DCDC2154202 |
Days on Market | 12 |
Taxes | $7,740 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1910 |
Lot Size | 0.02 AC / 825 SF |
County | District of Columbia |
Buyer's Agent Compensation | 2.5% |
Building Information for 535 3rd Street Northeast
Stories-Residences3Year Built1910Building Size-Lot Size0.02 AC / 825 SF
Property Information for 535 3rd Street Northeast
Property History for 535 3rd Street Northeast
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 535 3rd Street Northeast
Taxable ValueLand$549,840Additions$380,570Total$930,410
Tax Record2024$46,520 ($3,877 / month)
Home Facts
Baths3Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories2Lot Size825 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1955ZoningRF-1/CAPCountyDISTRICT OF COLUMBIAAPN0779 0092
Schools near 535 3rd 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 8 |
Rating | School | Distance |
---|---|---|
Ludlow-Taylor Elementary School PublicPK to 5 | ||
Stuart-Hobson Middle School Public6 to 8 | ||
Eastern High School Public9 to 12 | ||
Capitol Hill Montessori @ Logan PublicPK to 8 |
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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