Price Reduction
Listed By:
EJF Real Estate Services
Address
216 3Rd Street SE, Washington, DC
Price
$ 1,895,000
Property Attributes
  • MLS#DCDC2132458
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • Zip20003
  • StyleFederal
  • Year Built1937
  • Taxes$ 13119
  • Price$ 1,895,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

Fantastic location for this four level four unit rental building just blocks from the Capitol Building. Includes two 2BR/1.5BA apartments on the 1st and 2nd floors. Two 1BR/1BA on top floor and lower-level. 3 of the 4 units renovated in 2018 with new flooring, HVAC, kitchens and bathrooms. 2 are vacant, 2 on month-to-month leases. Total rental income when last fully occupied - $9,705/month. Separately metered for electricity. Fenced in rear yard. Besides this power location's proximity to the Capitol, House/Senate office buildings, Supreme Court, and the Library of Congress there is a fantastic array of dining and shopping options at nearby Barracks Row, Navy Yard, and Eastern Market. Numerous theaters, recreational parks and the National Mall just blocks away. Rental demand in this area is among the best of any neighborhood in the city.

Price History
3/16/2024 Listed $1,950,000
4/23/2024 3% - $1,895,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Possession Negotiable,Settlement
Zoning RA-2/CAP
Pool Y/N No Pool
Architectural Style Federal
Construction Materials Brick
Year Built 1937
Property SubType Quadruplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility Other
County WASHINGTON
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions South on 3rd Street SE,from Pennsylvania Avenue SE.
ModificationTimestamp 2024-04-25T15:43:10
City WASHINGTON
Buyer Agent Compensation 2.5
Total Units 4
Lot Size Square Feet 1412.00
Tax Assessed Value 1506350.0
Waterfront Y/N No
Street Name 3RD
Tax Annual Amount 13119.0
Home Warranty Y/N No
Property Condition Good
Two Bedroom 2
Structure Type End of Row/Townhouse
One Bedroom Units Count 2
NumberOfUnitsVacant 2
Other Units Unit 1,Unit 2,Unit 4,Unit 5
Price Per Sq Ft 639.99
Historic Y/N Yes
Vacation Rental Y/N No
Virtual Tour https://my.matterport.com/show/?m=ZVheSunx5gx
Total SQFT 3724
Days on Market 36
Location Type Urban
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Legal Subdivision Capitol Hill
Tax Lot 808
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Hot Water Natural Gas
Total Stories 4
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Water Source Public
Type of Parking None
Foundation Details Other
Spa No
Water View Y/N No
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Urban Land Not Rated
Land Assessed Value 399790.00
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 20003

Price
AVG $1.97M
$1.9M
Taxes
AVG $9,109
$13,119
Visits
AVG 146
127
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1937

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