646 Orleans Place Northeast
Washington, DC 20002
$1,050,000
Last Sold Price
—
Beds
1,796 Sq. Ft.
$585 / Sq. Ft.
1,796
Sq. Ft.
$585
per Sq. Ft.
Closed 7/17/23
Closed 7/17/23
Description
Welcome to 646 Orleans Place NE, a fantastic opportunity to own a stunning two-unit building in NOMA, a highly sought after neighborhood of Washington, DC. This well-maintained property is situated on a one-way street, and offers a versatile layout making it an excellent investment opportunity or a perfect home with rental income. Don't miss out on this remarkable chance to own a piece of DC real estate!
Enjoy the convenience of being just seconds away from vibrant city life while still residing in...Welcome to 646 Orleans Place NE, a fantastic opportunity to own a stunning two-unit building in NOMA, a highly sought after neighborhood of Washington, DC. This well-maintained property is situated on a one-way street, and offers a versatile layout making it an excellent investment opportunity or a perfect home with rental income. Don't miss out on this remarkable chance to own a piece of DC real estate!
Enjoy the convenience of being just seconds away from vibrant city life while still residing in a tranquil residential area. With easy access to major highways, public transportation, and a variety of amenities, this location is ideal for those seeking a balanced urban lifestyle.
Property Highlights:
Two-Unit Building: This property consists of two units with separate entrances and separately metered, there is no common area to maintain, offering the flexibility to live in one unit and rent out the other or utilize both as income-generating investments.
Impressive Income: The current ACTUAL income generated by both units is $80,928/year, delivering a cap rate of 6.8%.
Well-Maintained: The building has been meticulously cared for by the owner and their excellent tenants.
Spacious Interiors: Each unit features generous spaces with ample natural light, allowing for comfortable living.
Modern Amenities: Enjoy the convenience of updated kitchens, bathrooms, and modern fixtures throughout, providing a contemporary and stylish living experience.
Outdoor Space: The property includes three outdoor spaces; a charming rear ground level deck, 2nd story deck ideal for cooking out or outdoor gatherings, and brick paved front porch area perfect for chats with neighbors or admiring the majestic oaks which line the quiet one-way street.
Convenient street parking is available, providing ease and peace of mind for residents and their guests.
Located in the unique and vibrant community of NOMA, Washington, DC, this property offers an abundance of nearby amenities. Discover a wide array of restaurants, cafes, boutiques, and entertainment options within walking distance. Explore the nearby parks, green spaces, and recreational facilities for outdoor activities and relaxation. With the rich history, cultural attractions, and renowned landmarks of the nation's capital just a short distance away, there's always something new to explore and experience.
With its attractive location and two-unit setup, this property presents an excellent investment opportunity. Unit A is a 2 bedroom 1 bath and Unit B is a 3 bedroom 1 bath. Rent out both units to maximize rental income or occupy one unit and rent out the other to supplement your mortgage payments. The versatility of this building and extremely low maintenance costs and make it a smart choice for investors and homeowners alike.
Don't miss your chance to own this exceptional two-unit building in Washington, DC. Contact us today to schedule a viewing and seize this incredible opportunity.
Enjoy the convenience of being just seconds away from vibrant city life while still residing in...Welcome to 646 Orleans Place NE, a fantastic opportunity to own a stunning two-unit building in NOMA, a highly sought after neighborhood of Washington, DC. This well-maintained property is situated on a one-way street, and offers a versatile layout making it an excellent investment opportunity or a perfect home with rental income. Don't miss out on this remarkable chance to own a piece of DC real estate!
Enjoy the convenience of being just seconds away from vibrant city life while still residing in a tranquil residential area. With easy access to major highways, public transportation, and a variety of amenities, this location is ideal for those seeking a balanced urban lifestyle.
Property Highlights:
Two-Unit Building: This property consists of two units with separate entrances and separately metered, there is no common area to maintain, offering the flexibility to live in one unit and rent out the other or utilize both as income-generating investments.
Impressive Income: The current ACTUAL income generated by both units is $80,928/year, delivering a cap rate of 6.8%.
Well-Maintained: The building has been meticulously cared for by the owner and their excellent tenants.
Spacious Interiors: Each unit features generous spaces with ample natural light, allowing for comfortable living.
Modern Amenities: Enjoy the convenience of updated kitchens, bathrooms, and modern fixtures throughout, providing a contemporary and stylish living experience.
Outdoor Space: The property includes three outdoor spaces; a charming rear ground level deck, 2nd story deck ideal for cooking out or outdoor gatherings, and brick paved front porch area perfect for chats with neighbors or admiring the majestic oaks which line the quiet one-way street.
Convenient street parking is available, providing ease and peace of mind for residents and their guests.
Located in the unique and vibrant community of NOMA, Washington, DC, this property offers an abundance of nearby amenities. Discover a wide array of restaurants, cafes, boutiques, and entertainment options within walking distance. Explore the nearby parks, green spaces, and recreational facilities for outdoor activities and relaxation. With the rich history, cultural attractions, and renowned landmarks of the nation's capital just a short distance away, there's always something new to explore and experience.
With its attractive location and two-unit setup, this property presents an excellent investment opportunity. Unit A is a 2 bedroom 1 bath and Unit B is a 3 bedroom 1 bath. Rent out both units to maximize rental income or occupy one unit and rent out the other to supplement your mortgage payments. The versatility of this building and extremely low maintenance costs and make it a smart choice for investors and homeowners alike.
Don't miss your chance to own this exceptional two-unit building in Washington, DC. Contact us today to schedule a viewing and seize this incredible opportunity.
Listing Agent
![Greylin Thomas]()
greylin.thomas@compass.comP: (703)-929-8449
Property Details for 646 Orleans Place Northeast
Tax ID Number
0855//0256
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther, Federal, Traditional
WaterfrontNo
ViewsStreet
GarageNo
SubdivisionNOMA
LISTING UPDATED: 07/17/2023 05:19 PM
Property Details for 646 Orleans Place Northeast
| Status | Closed |
|---|---|
| MLS # | DCDC2100114 |
| Days on Market | 6 |
| Taxes | $5,777 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1910 |
| Lot Size | 0.03 AC / 1,154 SF |
| County | District of Columbia |
Building Information for 646 Orleans Place Northeast
Stories-Residences2Year Built1910Building Size-Lot Size0.03 AC / 1,154 SF
Property Information for 646 Orleans Place Northeast
Location
Location
- In City Limits: Yes
- Transportation: Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile, Bus Stop less than 1 mile, Airport less than 10 miles
- 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
Association / Community Info
Association / Community Info
- Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $814,060
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $315,130
- City Town Tax: $2,889
- Land Assessed Value: $498,930
- Clean Green Assessed: No
- Land Use Code: 0
- Agricultural Tax Due: No
- Historic: No
- Zoning: 023
- Zoning Dscrp: Residential-Flats (Less Than 5 Units)
- Tax Lot: 256
- School Tax: $0
- Tax Page Number: 928
- Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
- Owner Pays: Repairs, Taxes - Real Estate, Insurance
- Concessions: Yes
- Concessions Amount: $10,000
- Concession Remarks: Please note: Buyer's agent provided an additional credit of $1,500 to the buyer from his commission.
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 1
- Units Furnished: None
- Units Leased Count: 2
- Number Of Units Vacant: 0
- Number Of Units Month To Month: 0
- Rent Control: No
Financial Information
Expenses
- Insurance Expense: $1,829
- Maintenance Expense: $859
- Other Expense: $1,376
Financial Information
- Annual Rental Income: $80,928
- Income Includes: Apartment Rentals
- Cap Rate: 6.80
- Existing Lease Type: Yearly
Building Info
Building Info
- Year Major Reno Remodel: 2009
- Building Level Count: 2
- Building Units Total: 2
- Total Finished SQFT: 1,796.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,796.00
- Total SQFT: 1,796.00
- Total SQFT Source: Assessor
- Elevators Count: 0
- Construction Materials: Brick
- Roof: Flat
- Wall and Ceiling Types: Dry Wall
- Flooring Type: Ceramic Tile, Engineered Wood, Other
- Foundation Details: Permanent
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Lot Features: Rear Yard, Level
- Soil Types: Chillum-Urban Land Complex
- Location Type: Middle Of Block
- Parcel ID: 15988676
- Ground Rent Exists: No
Parking
Parking
- Type Of Parking: On Street
- Parking Features: Public, Unassigned
Interior Features
Interior Features
- Interior Features: Floor Plan - Traditional, Kitchen - Galley, Tub Shower, Window Treatments
- Fireplace: Yes
- Fireplaces Count: 1
- Appliances: Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer, Washer/Dryer Stacked, Water Heater
- Accessibility Features: None
- Security Features: Main Entrance Lock, Smoke Detector, Carbon Monoxide Detector(s)
Exterior Features
Exterior Features
- Spa: No
- Exterior Features: Exterior Lighting, Sidewalks, Street Lights, Extensive Hardscape, Other
- Outdoor Living Structures: Deck(s), Brick, Patio(s)
- Pool: No Pool
Utilities
Utilities
- Utilities: Cable TV Available, Natural Gas Available, Other
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Greater Capital Area Association of REALTORS
- List Agent URL: GreylinThomas.com
Property History for 646 Orleans Place Northeast
| 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 646 Orleans Place Northeast
Taxable ValueLand$506,180Additions$344,070Total$850,250
Tax Record2024$6,487 ($541 / month)
Home Facts
Baths2Total Finished SqFt1,822 SqFtAbove Grade Finished SqFt1,822 SqFtStories2Lot Size1,154 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910ZoningRF-1CountyDISTRICT OF COLUMBIAAPN0855 0256Fireplace TypeHas Fireplace
Schools near 646 Orleans Place 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 - | K to 2 |
Rating | School | Distance |
|---|---|---|
J.O. Wilson Elementary School PublicPK to 5 | ||
Stuart-Hobson Middle School Public6 to 8 | ||
Eastern High School Public9 to 12 | ||
Tuition Grant PublicK to 2 |
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near NoMa-H Street
Neighborhoods
Cities
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.
© 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 07/17/2023 05:19 PM