Washington, DC 20001 3 New York Avenue NW

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Presented By: Realty ONE Group Capital
  • MLS# DCDC2192168
  • 03/31/2025
  • Request Tour
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  • SQFT • 2,117

Home Details

Investment Opportunity: Fully Renovated Property with Income Potential This prime property, owned by a licensed realtor, presents a fantastic investment opportunity. With an application already submitted for a Bed and Breakfast or Small Motel license, we are currently awaiting DC review. The property is ideally suited for a variety of businesses, including short-term rentals, offering excellent potential for high returns. Proven Profit: The property generated over $118,000 in estimated profits last yeardemonstrating its strong income potential. Two Fully Renovated Units: Basement Unit: Features a 1-bedroom, 1.5-bathroom layout, perfect for a private rental or guest suite. Upstairs Unit: Offers 3 spacious bedrooms, 1 bathroom, and modern finishes throughout. Both units boast gourmet kitchens, upgraded in 2021, providing high-end living for tenants or guests. Security & Privacy: The property is secured with a fenced-in yard and a gated entry, ensuring peace of mind for residents and guests. This property is ready to deliver strong returns, whether youre looking to operate a short-term rental, B&B, or small motel. Don't miss out on this incredible opportunity to own a fully renovated, income-generating property in a sought-after location.
Presented By: Realty ONE Group Capital

Interior Features for 3 New York Avenue NW

Other Interior Features

Central Air Y/NNo
FlooringOther
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories3

Other Rooms

Entry Level2

General for 3 New York Avenue NW

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeBed and Breakfast, Hotel/Motel
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyWASHINGTON
DirectionsGPS
HeatingHeat Pump(s)
Lease Considered Y/NYes
Legal SubdivisionOld City 2
Lot Size Square Feet889.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-25T12:02:07
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG585.78
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofFlat
SewerPublic Septic, Public Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNOMA
Tax Annual Amount6262.0
Tax Assessed Value742910.0
Tax Lot165
Tax Year2024
UtilitiesElectric Available, Water Available, Sewer Available, Cable TV Available
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningMU-4

Exterior for 3 New York Avenue NW

Building Area Total2040.00
Car Parking Spaces
Land Assessed Value435420.00
Land Use Code
Lot Size Acres0.02
Lot Size SourceAssessor
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,194,998
MLS#DCDC2192168
List Date 03/31/2025
Property Type Commercial
Phone 703.929.4729
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