Washington, DC 20002 1944 3Rd Street NE
$5,500,000
Presented By: Long & Foster Real Estate, Inc.
SQFT • 8,683
SQFT • 8,683Home 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
Other Interior Features
Central Air Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
General for 1944 3Rd Street NE
Acceptable FinancingCash, Conventional
Accessibility32 + wide Doors
Association Recreation FeeN
Business TypeApartment Building
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
HeatingHot Water
Historic Y/NNo
Legal SubdivisionEckington
Location TypeFree Standing
Lot Size Square Feet7013.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-29T12:59:51
New ConstructionYes
Number Of Units Total7
OwnerPaysAccounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Lawn/Shrub Care, Management, Payroll, Pest Control, Repairs, Sewer, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Tr
OwnershipFee Simple
Possession61-90 Days CD, 90-120 Days CD, Subject to Existing Lease
Price Per Sq Ft Total AG633.35
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
RoofFlat
Security FeaturesSmoke Detector
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameECKINGTON
Tax Annual Amount8121.0
Tax Assessed Value1028490.0
Tax Lot78
Tax Year2021
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
Building Area Total8684.00
Car Parking Spaces4
Foundation DetailsBlock
Land Assessed Value518680.00
Land Use Code
Lot Size Acres0.16
Lot Size SourceEstimated
Navigable Water Y/NNo
Soil TypesUrban Land-Galestown-Rumford
Total Loading Docks0
Total Parking Spaces4
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
