Address
589 Columbia Road NW, Washington, DC
Price
$ 1,400,000
Property Attributes
- MLS#DCDC2134032
- TypeSingle Family
- CountyWASHINGTON
- CityWashington
- NeighborhoodColumbia Heights
- Zip20001
- Style
- Year Built1980
- Taxes$ 10800
- Price$ 1,400,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage7132
- Lot Size0.11 Acres
Data Source:
Bright MLS
Property Description
Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
| Price History | |
|---|---|
| 3/25/2024 | Listed $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | None |
| Possession | Settlement |
| Zoning | RF-1 |
| Pool Y/N | No Pool |
| Architectural Style | Other |
| Construction Materials | Brick |
| Year Built | 1980 |
| Levels | 2 |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | COLUMBIA HEIGHTS |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Head north toward T St NW 112 ft Turn right onto T St NW 0.1 mi Turn left onto 7th St NW 259 ft Continue onto Georgia Ave NW Pass by Chipotle Mexican Grill (on the right in 0.3 mi) 0.8 mi Turn right |
| ModificationTimestamp | 2024-03-25T11:27:44 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2 |
| Senior Community Y/N | No |
| Lot Size Square Feet | 4791.00 |
| Tax Assessed Value | 1368220.0 |
| Waterfront Y/N | No |
| Street Name | COLUMBIA |
| Tax Annual Amount | 10800.0 |
| Structure Type | Detached |
| Condo/Coop Association Y/N | No |
| Bathrooms Full Main Level | 2 |
| Bathrooms Count Main Level | 2.00 |
| Price Per Sq Ft | 196.3 |
| Acceptable Financing | Cash |
| Vacation Rental Y/N | No |
| Total SQFT | 7132 |
| Days on Market | 37 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Columbia Heights |
| Tax Lot | 825 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | None |
|---|---|
| Basement | Interior Access,Outside Entrance |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 7132 |
| Full Baths | 4 |
| Street Suffix | ROAD |
| Central Air Y/N | No |
| Total Bedrooms | 8 |
| Main Level Bedrooms | 4 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Estimated |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Estimated |
| Below Grade Finished Area Source | Estimated |
| Bedrooms Count All Lower Levels | 2 |
| Bedrooms Count All Upper Levels | 2 |
| Bedrooms Count Lower Level 1 | 2 |
| Bedrooms Count Upper Level 1 | 2 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full Lower Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Full All Lower Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count Lower Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Bathrooms Count All Lower Levels | 1 |
| Above Grade Finished Area Source | Estimated |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | Driveway,Off Street,Alley,On Street,Parking Lot |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Lot Size Acres | 0.11 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Soil Types | Unknown |
| Land Assessed Value | 469570.00 |
| 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 Single Family Average in 20001
Price
Taxes
Visits
Year Built
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