1014 17TH ST NE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,272 sqft
Price per Sqft $290
Subdivision Trinidad
MLS Listing ID DCDC2167280
Style Side-by-Side,Unit/Flat,Federal
Year Built 1936
Available Date 2024-12-20
Annual Tax Amount $7,843
Tax Year 2024
Lot Size 4,212 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
This four-unit building offers an amazing development opportunity, a buy-and-hold opportunity, or fits the home hack investor looking to build equity as an owner-occupant. RA-2 zoning permits moderate and medium-density rowhouses and apartments. By right FAR of 1.8 + additional 0.4 FAR in a penthouse, building height of 50', and lot occupancy of 60% on the 4,214 sq ft lot. Buildings at 1010 and 1022 17th Street NE show the density potential of 10+ units. Currently arranged as a four-unit building, all 2 BR and 1 BA units. Fully tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can vacate one unit for easy move-in, offset expenses with rental income, and build equity fast.
The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.
Location
State DC
County Washington
Zoning RA2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Inclusions Please see disclosures.
Exterior
Garage Spaces 4.0
Water Access N
Roof Type Unknown
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Browne Education Campus
Middle Schools Browne Education Campus
High Schools Eastern
School District District Of Columbia Public Schools
Others
Acceptable Financing Bank Portfolio,Cash,Conventional,Exchange,FHA,FHA 203(k),Private,USDA,VA
Listing Terms Bank Portfolio,Cash,Conventional,Exchange,FHA,FHA 203(k),Private,USDA,VA
Special Listing Condition Standard