Washington, DC 20002 438 19Th Street NE
$1,599,900
Presented By: Long & Foster Real Estate, Inc.
Home Details
Exceptional and separately metered 2-unit property in pristine conditionideal for investors seeking strong rental income and long-term growth. The building has a townhouse with 5-bedrooms 2 baths and a new construction townhouse with 8 bedrooms and 2 baths. They are fully self-contained, and each unit has its own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. This is a cash cow! Own a piece of this up-and-coming neighborhood with a ton of construction going on and your investment will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender-letter. TOPA has not been issued. Leases, CofO and P&L available within the study period.
Presented By: Long & Foster Real Estate, Inc.
Interior Features for 438 19Th Street NE
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementConnecting Stairway
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesCarpet, Bathroom - Stall Shower, Bathroom - Tub Shower, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Recessed Lighting
Laundry TypeDryer In Unit, Has Laundry, Main Floor
General for 438 19Th Street NE
Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Dryer - Electric, Exhaust Fan, Range Hood, Refrigerator, Stove, Washer, Water Heater
Architectural StyleContemporary
Association Recreation FeeN
Cap Rate7.30
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsTake 19th Street NE North to E Street NE. Property is on the left. Includes the single-family home and new construction single family home on the corner.
DisclosuresHouse Code - Current License, House Code - Inspected, Lead Based Paint - Federal, Lead Based Paint - State, Surface Lease
Garage Y/NNo
HeatingCentral
Historic Y/NNo
Home Warranty Y/NNo
Insurance Expense2372.00
Lease TypeNone
Living Area3478
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MaintenanceExpense0.00
Net Operating Income117513.00
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Operating Expense39171.00
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysAccounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Payroll, Pest Control, Repairs, Services (All), Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG460.01
Property ConditionAverage
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofBuilt-Up
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Security FeaturesCarbon Monoxide Detector(s), Exterior Cameras, Resident Manager, Smoke Detector
SewerPublic Sewer
Single Room Units Count13
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NameKINGMAN PARK
Tax Annual Amount10815.0
Tax Assessed Value1258740.0
Tax Year2025
Total Actual Rent156684.00
Total SQFT3478
TransportationBus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Trash Expense0.00
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1939
Year Built SourceEstimated
ZoningRF-1
Exterior for 438 19Th Street NE
Exterior AmenitiesExterior Lighting
Foundation DetailsBlock
Land Assessed Value478630.00
Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
Off Street - # of Spaces2
Parking FeaturesConcrete Driveway
PoolNo Pool
Pool Charge0.00
Road Surface TypeAlley
Soil TypesUrban Land-Manor-Glenelg
SpaNo
Total Parking Spaces2
Type of ParkingAlley, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
