Washington, DC 20002 1014 17Th Street NE

1014 17Th Street NE Washington, DC - Image 11014 17Th Street NE Washington, DC - Image 2
Presented By: Keller Williams Capital Properties
  • MLS# DCDC2167280
  • 12/19/2024
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  • Beds • 8

Home Details

This four-unit building offers an amazing development opportunity, a buy-and-hold opportunity, or fits the home hack investor looking to build equity as an owner-occupant. RA-2 zoning permits moderate and medium-density rowhouses and apartments. By right FAR of 1.8 + additional 0.4 FAR in a penthouse, building height of 50', and lot occupancy of 60% on the 4,214 sq ft lot. Buildings at 1010 and 1022 17th Street NE show the density potential of 10+ units. Currently arranged as a four-unit building, all 2 BR and 1 BA units. Fully tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can vacate one unit for easy move-in, offset expenses with rental income, and build equity fast. The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.
Presented By: Keller Williams Capital Properties

Interior Features for 1014 17Th Street NE

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Avg. Heating Oil Per Month0.0
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1014 17Th Street NE

Acceptable FinancingBank Portfolio, Cash, Conventional, Exchange, FHA, FHA 203(k), Private, USDA, VA
AccessibilityNone
Architectural StyleSide-by-Side, Unit/Flat, Federal
Association Recreation FeeN
Avg. Electric Per Month0.0
Avg. Gas Per Month0.0
Avg. Water Per Month229.0
Cap Rate0.05
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
DirectionsTake Benning road to 17th st, NE, Go north on 17th, across MD ave and K streets, 1014 on the west side of 17th street NE
DisclosuresLead Based Paint - Federal, Lead Based Paint - State, Prop Disclosure
ElectricUnderground
ExclusionsPlease see disclosures.
Garage Y/NNo
Gross Income63720.00
HeatingHot Water
Historic Y/NNo
Home Warranty Y/NNo
Lease TypeMonth to Month
Legal SubdivisionTrinidad
Lot Size Square Feet4212.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-31T15:59:01
Net Operating Income48388.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count0
Other StructuresAbove Grade, Below Grade
OwnerPaysCommon Area Maintenance, Miscellaneous, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
OwnershipFee Simple
PossessionNegotiable, Subject to Existing Lease, Settlement
Price Per Sq Ft Total AG290.34
Property ConditionAverage
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofUnknown
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Security FeaturesMain Entrance Lock
SewerPublic Sewer
Single Room Units Count4
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameTRINIDAD
Tax Annual Amount7843.0
Tax Assessed Value912840.0
Tax Lot802
Tax Year2024
Total Actual Rent63720.00
Total SQFT3272
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Two Bedroom4
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1936
Year Built SourceAssessor
ZoningRA2

Exterior for 1014 17Th Street NE

Exterior AmenitiesSidewalks, Street Lights
Foundation DetailsSlab
InclusionsPlease see disclosures.
Land Assessed Value428490.00
Land Use Code
Lot FeaturesLevel
Lot Size Acres0.10
Lot Size SourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces4
PoolNo Pool
Road ResponsibilityPublic
Soil TypesUrban Land-Cristiana-Sunnysider
SpaNo
Total Parking Spaces4
Type of ParkingOn Street, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Eastern High School
Elementary School Browne Education Campus Elementary School
Middle School Browne Education Campus Middle School

Rachel Shepherd

Price $950,000
MLS#DCDC2167280
List Date 12/19/2024
Property Type Multi-Family
Phone 703.929.4729
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