Address
1638 16Th Street SE, Washington, DC
Price
$ 765,000
Property Attributes
- MLS#DCDC2099280
- TypeContingent
- CountyWASHINGTON
- CityWashington
- NeighborhoodAnacostia
- Zip20020
- StyleArt Deco
- Year Built1935
- Taxes$ 4806
- Price$ 765,000
- Bedrooms6
- Full Bathrooms2
- Half Bathrooms2
- Sqr Footage1700
- Lot Size2,178 SqFt
Data Source:
Bright MLS
Property Description
TAKING BACK UP OFFERS AND SHOWINGS ARE STILL WELCOMED. 2.75% ASSUMABLE VA MORTGAGE!! 1638 16th Street SE is a completely, gut renovated, turn-key two-unit property directly across the street from Anacostia high school. Live in one unit and have the tenant pay the majority of your mortgage, or rent out both units and cash flow $1,000/month! Renovated in 2020, the building consists of two apartment units. Both units are three bedrooms, and each unit has one full and one half bathroom. Each unit has a gourmet kitchen with stainless steel appliances, granite countertops, and gas stoves. Luxury vinyl plank flooring and washer and dryer units in each unit make this a highly desirable and maintainable rental. The building can gross up to $52,992 with each unit renting for $2,208/month with utilities included for Section 8 Voucher tenants. Potential to add two parking spaces in the rear with a new gate and other value add options are possible. RA-2 zoning allows for additional development in the future. Current FAR is 0.85, zoning permits up to 1.8 by right, which would translate to over 1800 additional square feet that could be added. Anacostia has been one of the areas zip codes with the best appreciation over the past five years with the median home price in Anacostia, increasing 32.2% compared to 2018. With the development of Phase II of The Wharf, St. Elizabeth's and other private and public developments, we expect to continue to see significant appreciation and value in Southeast DC.
| Price History | |
|---|---|
| 3/26/2024 | Listed $765,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | RA-2 |
| Pool Y/N | No Pool |
| Architectural Style | Art Deco |
| Construction Materials | Brick |
| Year Built | 1935 |
| Levels | 2 |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | ANACOSTIA |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE UNDER CONTRACT |
| Directions | 16th & R St,SE. |
| ModificationTimestamp | 2024-03-26T13:05:01 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Senior Community Y/N | No |
| Lot Size Square Feet | 1983.00 |
| Tax Assessed Value | 625740.0 |
| Waterfront Y/N | No |
| Street Name | 16TH |
| Tax Annual Amount | 4806.0 |
| Structure Type | Interior Row/Townhouse |
| Condo/Coop Association Y/N | No |
| Bathrooms Full Main Level | 1 |
| Bathrooms Count Main Level | 2.00 |
| Price Per Sq Ft | 450.0 |
| Vacation Rental Y/N | No |
| Total SQFT | 1700 |
| Days on Market | 161 |
| Standard Status | Active Under Contract |
| Year Built Source | Assessor |
| Legal Subdivision | Anacostia |
| Tax Lot | 805 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Above Grade Finished Area | 1700 |
| Full Baths | 2 |
| Half Baths | 2 |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Total Bedrooms | 6 |
| Main Level Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 3 |
| Bedrooms Count Upper Level 1 | 3 |
| Bathrooms Half Upper Level 1 | 1 |
| Bathrooms Half Main Level | 1 |
| Bathrooms Half All Upper Levels | 1 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 2.00 |
| Bathrooms Count All Upper Levels | 2 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | Driveway,Off Street |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Size Acres | 0.05 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Soil Types | Urban Land-Galestown-Rumford |
| Land Assessed Value | 139580.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 20020
Price
Taxes
Visits
Year Built
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