Price Reduction - Views
Address
1013 P Street NW, Washington, DC
Price
$ 2,045,000
Property Attributes
- MLS#DCDC2124110
- TypeMulti-Family
- CountyWASHINGTON
- CityWashington
- Zip20001
- Style
- Year Built1910
- Taxes$ 12679
- Price$ 2,045,000
- Bedrooms7
- Full Bathrooms0
- Half Bathrooms0
- Lot Size871 SqFt
Data Source:
Bright MLS
Property Description
Welcome to 1013 P St NW. Potential income of at least $144k+ annually. This well maintained four unit: 3 units month to month, 1 unit vacant; all with modern updates including CAC, Laundry, wood burning fireplaces and many newer appliances. Located on the border of Logan Circle and Shaw. Easy bike or walk to K St NW(0.5mile), The White House(1mile) and the Capitol(2miles) with the ever present move back to the office. Located less than 1 mile to ALL 6 metro lines, closest being 0.3mile to Mt. Vernon Metro. Less than 3 blocks to the Logan Whole Foods(14th + P St NW) and Shaw Giant(8th + O St NW) as well as all the Restaurants and Retail that Shaw, Logan Circle, Downtown have to offer. Walk Score of 95, Bike Score of 99, Transit Score of 88. Showings by Appt only with 48 hours notice. Available showing times: Thursday 2-4pm + Saturday 11am-1pm.
| Price History | |
|---|---|
| 2/7/2024 | Listed $2,095,000 |
| 4/1/2024 | 3% - $2,045,000 |
General Features
| Interior Features | Floor Plan - Open,Wood Floors |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Central A/C |
| Utilities | Electric Available |
| Possession | Negotiable,Settlement,Subject to Existing Lease |
| Appliances | Oven/Range - Electric,Range Hood,Refrigerator,Dishwasher,Disposal,Washer/Dryer Stacked,Washer,Dryer - Electric,Dryer |
| Zoning | MU-4 |
| Pool Y/N | No Pool |
| Architectural Style | Other |
| Construction Materials | Brick |
| Year Built | 1910 |
| Electric | 150 Amps,200+ Amp Service |
| View | City |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 98400.00 |
| OwnerPays | Water,Taxes - Real Estate,Pest Control,Common Area Maintenance,Trash Collection |
| Accessibility | None |
| County | WASHINGTON |
| Net Operating Income | 8721.00 |
| Insurance Expense | 1519.00 |
| New Construction | No |
| Property Type | Multi-Family |
| MaintenanceExpense | 433.00 |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | From Logan Circle Whole Foods head East down P St,NW. Travel around Logan Circle and continue on P St past 11th St NW restaurants and property is mid block at the alley on the left. |
| ModificationTimestamp | 2024-04-01T13:03:44 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Lead Based Paint - Federal,Lead Based Paint - State,Prop Disclosure |
| Total Units | 4 |
| Lot Size Square Feet | 1020.00 |
| Tax Assessed Value | 1500370.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | P |
| Tax Annual Amount | 12679.88 |
| Home Warranty Y/N | No |
| Property Condition | Very Good |
| Trash Expense | 259.00 |
| Two Bedroom | 3 |
| Structure Type | End of Row/Townhouse |
| One Bedroom Units Count | 1 |
| NumberOfUnitsVacant | 1 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 3 |
| Price Per Sq Ft | 789.58 |
| Acceptable Financing | Cash,Conventional,FHA,VA |
| Avg. Electric Per Month | 40.0 |
| Historic Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Avg. Water Per Month | 190.0 |
| Total SQFT | 3500 |
| Days on Market | 64 |
| Lease Type | Month to Month |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Old City 2 |
| Tax Lot | 13 |
| Total Actual Rent | 141600.00 |
| Cap Rate | 6.76 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Basement | Full,Improved,Front Entrance,Rear Entrance |
| Flooring | Wood,Ceramic Tile |
| Total Fireplaces | 4 |
| Hot Water | Electric |
| Total Stories | 4 |
| Furnished Units | None |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Window Features | Double Pane |
| Fireplace Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Foundation Details | Slab |
| Water View Y/N | No |
| Lot Size Acres | 0.02 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Soil Types | Unknown |
| Land Assessed Value | 540140.00 |
| 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 Multi-Family Average in 20001
Price
Taxes
Visits
Year Built
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