Property
Washington, DC 20002 1944 3Rd Street NE
$5,500,000
Presented By: Long & Foster Real Estate, Inc.
Beds • 21
Home Details
This is an amazing investment opportunity that has subsidized guaranteed rents. It has been completely renovated into 26-bedroom, 4-5 bedroom and 1-4 bedroom fully self-contained multifamily apartment building located in a great neighborhood. Fully leased and ready to start earning you income. The tenants have not been given their TOPA rights but should not be an issue. It has a large lot with parking in the rear. Close to the Rhode Island Metro station, Union Market, stores and restaurants on 12th street.
Presented By: Long & Foster Real Estate, Inc.
Interior Features for 1944 3Rd Street NE
Bedrooms
Three Bedroom Units Count7
Other Interior Features
LivingAreaSourceEstimated
BasementSpace For Rooms
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
Window FeaturesDouble Pane
General for 1944 3Rd Street NE
Acceptable FinancingCash, Conventional
Accessibility32 + wide Doors, 36 + wide Halls
AppliancesRefrigerator, Stove
Architectural StyleOther
Association Recreation FeeN
CityWASHINGTON
Construction Completed Y/NYes
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
DirectionsRhode Island Ave., take 2nd St., NE South, Left on T St., Left on 3rd St.. Property on left at 3rd and U Street NE
ElectricCircuit Breakers
Exterior FeaturesSidewalks
FULLFee Simple
Garage Y/NNo
HeatingHot Water
Historic Y/NNo
Interior FeaturesCeiling Fan(s), Wood Floors
Legal SubdivisionEckington
Location TypeMiddle Of Block
Lot Size Square Feet7013.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-28T11:14:22
New ConstructionYes
Number of Units Leased7
NumberOfUnitsTotal4
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3, Unit 6, Unit 7
Possession61-90 Days CD, 90-120 Days CD
Price Per Sq Ft Total AG1540.62
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
Rent Control Y/NYes
RoofFlat
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Subdivision NameECKINGTON
Tax Annual Amount8121.0
Tax Assessed Value1028490.0
Tax Lot78
Tax Year2021
Total Actual Rent505164.00
Total SQFT4185
TransportationBus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Two Bedroom0
UtilitiesCable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2023
Year Built SourceEstimated
ZoningR4
Exterior for 1944 3Rd Street NE
Foundation DetailsBlock
Land Assessed Value518680.00
Land Use Code
Lot Size Acres0.16
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUrban Land-Galestown-Rumford
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Fabiane Farias
Associate
Price
$5,500,000
MLS#DCDC2150330
List Date
07/15/2024
Property Type
Multi-Family
Phone
(973) 474-7057