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1014 17TH Street NE

WASHINGTON, DC 20002
  • $950,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: DCDC2167280
$950,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,272
    SQFT
  • $290
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-09T23:54:18.72.
www.julieandmarkhomes.com/homes/158754110
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1014 17TH Street NE WASHINGTON, DC 20002

  • Price: $950,000
  • Status: Active
  • On Site: 58 Days
  • ID#: DCDC2167280
0
Beds
0
Baths
0
½ Baths
0.1
Acres
3,272
SQFT
$290
$/SQFT
1936
Built
Neighborhood:
Trinidad
County:
Washington
Elementary School:
Browne Education Campus
Middle School:
Browne Education Campus
High School:
Eastern
School District:
District Of Columbia Public Schools
Property Description
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.
Exterior Features

Architectural Style Side-by-SideUnit/FlatFederal Construction Materials Brick Exterior Features SidewalksStreet Lights Garage YN No Lot Features Level Other Structures None Parking Types On StreetOff Street Pool No Pool Property Condition Average Road Responsibility Public Roof Unknown Soil Types Urban Land-Cristiana-Sunnysider Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3272 Above Grade Unfinished Area 0 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Exclusions Please see disclosures. Fireplace YN No Heating Hot Water Heating YN Yes Inclusions Please see disclosures. Security Features Main Entrance Lock Single Room Units 4 Spa YN No Three Bedroom Units 0 Two Bedroom Units 4 Units Furnished None

Property Features

Acceptable Financing Bank PortfolioCashConventionalExchangeFHAFHA 203(k)PrivateUSDAVA Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street K St NE Electric Underground Existing Lease Type Month to Month Foundation Details Slab Gross Income 63720.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Navigable Water YN N Net Operating Income 48388.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes Trash Original MLSNumber 803465729034 Owner Pays Common Area MaintenanceMiscellaneousRepairsSewerTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 7415.00 Tax Lot 802 Total Actual Rent 63720.00 Transportation Airport less than 10 milesBus Stop less than 1 mileMetro/Subway Station 1 to 3 miles Vacation Rental YN No Water Source Public Zoning RA2 Zoning Description The RA-2 zone provides for areas developed with predominantly moderate-density residential.

Listing courtesy of Keller Williams Capital Properties: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-09T23:54:18.72.
 
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