Address
1500 Oates Street NE, Washington, DC
Price
$ 1,499,999
Property Attributes
- MLS#DCDC2137458
- TypeMulti-Family
- CountyWASHINGTON
- CityWashington
- NeighborhoodTrinidad
- Zip20002
- StyleTraditional,Unit/Flat
- Year Built1938
- Taxes$ 1645
- Price$ 1,499,999
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description
WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units (which are rented out), for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! Showing will be by Appointment only, with the Listing agent. Buyer must provide an approval letter from a local reputable lender, before the appointment will be set. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! I will need to have a conversation with your Lender before showing, or a Bank Statement and a Real Lender letter. No Hard Money Buyers. Buyer must show Proof of Funds in the Bank under their name!!! The open house will be this coming Saturday from 1:30 - 3:00 pm. Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.
| Price History | |
|---|---|
| 4/17/2024 | Listed $1,499,999 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Central A/C |
| Possession | Settlement,Subject to Existing Lease |
| Appliances | Dryer - Electric,Refrigerator,Stove,Washer |
| Zoning | UNKNOWN |
| Pool Y/N | No Pool |
| Patio/Porch Features | Patio(s) |
| Architectural Style | Traditional,Unit/Flat |
| Construction Materials | Brick |
| Year Built | 1938 |
| Property SubType | Triplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | None |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | TRINIDAD |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | NY Ave to Bladensberg Rd toward H St NE. Right turn on Oates St NE to 1500 (No Sign) |
| ModificationTimestamp | 2024-05-03T14:45:25 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| Lot Size Square Feet | 5312.00 |
| Tax Assessed Value | 822820.0 |
| Waterfront Y/N | No |
| Street Name | OATES |
| Tax Annual Amount | 1645.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 2 |
| Structure Type | End of Row/Townhouse |
| One Bedroom Units Count | 1 |
| Price Per Sq Ft | 416.44 |
| Vacation Rental Y/N | No |
| Total SQFT | 3738 |
| Days on Market | 2 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Trinidad |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 1 |
| Type of Parking | Driveway,Detached Carport,Off Street |
| Foundation Details | Other,Concrete Perimeter |
| Water View Y/N | No |
| Lot Dimensions | 5,312 |
| Lot Size Acres | 0.12 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Soil Types | Unknown |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Detached Carport Spaces | 1 |
| LotDimensionsSource | Estimated |
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 20002
Price
Taxes
Visits
Year Built
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