Property

Washington, DC 20002 325 V Street NE

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Presented By: Keller Williams Chantilly Ventures
  • MLS# DCDC2157870
  • 09/05/2024
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  • Beds • 3

Home Details

**Investment Opportunity in Eckington, DC** Seize this rare chance to invest in the highly desirable Eckington neighborhood with this recently updated two-unit building, featuring a total of 8 bedrooms and 3 full baths. Boasting stunning hardwood floors and brand-new appliances, this property harmoniously blends classic charm with modern comfort. Perfectly located within walking distance of McKinley Tech High School, Howard University, and the vibrant Union Market, this building offers exceptional convenience. It comes with an approved certificate of occupancy and is fully rent-ready, making it ideal for both investors and homeowners. The financial potential is impressive, with proformas indicating a possible gross revenue of over $9,800 annually from two units, providing an attractive cap rate when fully rented. If you decide to occupy the upper unit and rent out the lower unit, you can still anticipate a solid annual minimum rental income of $72,000, translating to $6,000 per month. Whether your goal is to generate significant passive income or to live in one unit while renting out the other, this property presents endless possibilities for financial growth. Dont miss your chance to secure a prime investment for your future. Please note that Unit #1 is currently occupied and requires 48 hours' notice for showings. Contact the listing agent for all showing requests.
Presented By: Keller Williams Chantilly Ventures

Interior Features for 325 V Street NE

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
FlooringHardwood
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators
Total Stories3

General for 325 V Street NE

Acceptable FinancingConventional, Cash, FHA
AccessibilityNone
AppliancesBuilt-In Range, Cooktop, Dishwasher, Washer/Dryer Stacked
Architectural StyleFederal
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsSee Google Maps
DisclosuresNone
Garage Y/NNo
HeatingHot Water
Home Warranty Y/NNo
Interior Features2nd Kitchen, Bathroom - Tub Shower, Built-Ins, Central Vacuum, Combination Dining/Living, Floor Plan - Traditional, Kitchen - Efficiency, Kitchen - Galley
Legal SubdivisionEckington
Lot Size Square Feet1401.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-04T11:49:35
New ConstructionNo
Number Of Units Total2
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG650.45
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
RoofUnknown
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer, Public Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameECKINGTON
Tax Annual Amount8774.0
Tax Assessed Value1043270.0
Tax Lot103
Tax Year2024
Total Rooms8
Total SQFT2652
Two Bedroom0
UtilitiesCable TV, Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Other
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningRF-1

Exterior for 325 V Street NE

Foundation DetailsBrick/Mortar, Pilings
Land Assessed Value440310.00
Land Use Code
Lot Size Acres0.03
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUrban Land-Sassafras-Chillum
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,150,000
MLS#DCDC2157870
List Date 09/05/2024
Property Type Multi-Family
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