Property

Washington, DC 20019 807 48Th Place NE

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Presented By: Area Real Estate
  • MLS# DCDC2189604
  • 03/12/2025
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  • Beds • 6

Home Details

PRICE IMPROVEMENT!! **Seller is willing to offer a concession to points to buy down the rate to help increase your PROFIT. **This home is eligible for a $10k Welcome Home GRANT toward an eligible buyer's down payment. This is what you've been waiting for as your start to build wealth in the developing neighborhood of Deanwood. This property is investor friendly or for a first-time homebuyer. Basement unit brings in $1,552 and unit #1 brings $1,456. This is an opportunity to buy a cash flowing property with room to increase the value as the neighborhood progresses. The top unit and building hallway has just been updated and ready to rent or move into as a primary residence, while the other units pay your mortgage. The property can bring in $4,560 a month fully occupied. TOPA process is complete. All offers will be considered.
Presented By: Area Real Estate

Interior Features for 807 48Th Place NE

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 807 48Th Place NE

Acceptable FinancingCash, Conventional, Private, FHA, FHA 203(k), VA
AccessibilityNone
Architectural StyleTraditional
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
DirectionsTurn right onto Nannie Helen Burroughs Ave NE, Turn left onto 48th St NE, Turn right onto Hayes St NE, Turn left onto 48th Pl NE
DisclosuresLead Based Paint - State, Lead Based Paint - Federal
Garage Y/NNo
HeatingHot Water
Lease TypeMonth to Month
Legal SubdivisionDeanwood
Lot Size Square Feet1677.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-13T10:27:53
New ConstructionNo
Number Of Units Total3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG431.58
Property SubtypeTriplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerNo Septic System
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount3579.0
Tax Assessed Value421100.0
Tax Lot807
Tax Year2023
Total Actual Rent54720.00
Total SQFT1995
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1933
Year Built SourceEstimated
ZoningR-2

Exterior for 807 48Th Place NE

Foundation DetailsBrick/Mortar
Land Assessed Value121500.00
Land Use Code
Lot Size Acres0.04
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Antonio Freitas

Associate
Price $574,000
MLS#DCDC2189604
List Date 03/12/2025
Property Type Multi-Family
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