$1,587,500
$1,695,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
3,196 SqFt
SOLD DATE : 09/29/2023
Key Details
Sold Price $1,587,500
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,196 sqft
Price per Sqft $496
MLS Listing ID DCDC2095958
Sold Date 09/29/23
Style Colonial
Abv Grd Liv Area 2,886
Originating Board BRIGHT
Year Built 1937
Annual Tax Amount $10,744
Tax Year 2022
Lot Size 4,426 Sqft
Acres 0.1
Property Description
This Investor's Special RA-1- zoned 4-unit DETACHED apartment building, ideally located in coveted Observatory Circle, awaits transformation to its BEST use. Convert into luxury condominium units or renovated rental units with optimal income! According to public records and evidenced by other expanded or condo-converted buildings on Fulton Street, this property is the only pre-developed 4-unit building in its subdivision. Plus, while most 4-unit buildings in this zip code are attached, this one is free standing! The 4426sf corner lot stretches from Fulton St NW to Watson Place NW. Each of the four VACANT units has one-bedroom plus den/enclosed porch. There is a basement with utility and laundry room. Units are separately metered for gas heat and electricity. A zip to Wagschals, Chef Geoff's, Al Dente, Walgreens, medical practices, American University, Cathedral Commons retail and restaurant row and Georgetown University Hospital.
Location
State DC
County Washington
Zoning RA-1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Lot Description Corner
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Jackson-Reed
School District District Of Columbia Public Schools
Others
Tax ID 1806//0009
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with David Khakbaz • Samson Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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