Price Reduction - Views
Address
1807 8Th Street NW, Washington, DC
Price
$ 1,799,000
Property Attributes
- MLS#DCDC2124102
- TypeMulti-Family
- CountyWASHINGTON
- CityWashington
- NeighborhoodShaw
- Zip20001
- StyleTraditional
- Year Built1938
- Taxes$ 11141
- Price$ 1,799,000
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Welcome to 1807 8th Street Northwest, where modern renovation meets income-producing potential in a Shaw. This impressive property boasts a total of 8 bedrooms and 8 bathrooms across its approximately 4,000 square feet of living space, offering a lucrative opportunity for savvy investors or those seeking a multi-unit dwelling. The property features a 4-unit layout, all units are 2-bedroom, 2-bath with approximately 1,000 spacious square feet each. Unit one has been thoughtfully updated with new carpeting, freshly painted walls, ensuring a turnkey living experience for its fortunate occupants. All units have leases in place, providing immediate income generation for the new owner. Step outside onto the balcony or private terrace to savor the city views and soak up the sunshine. Inside, the property is equipped with air conditioning to ensure year-round comfort, while the stainless steel appliances add a touch of sophistication to the kitchen spaces. This property comes with 3 parking spaces at the rear of the home and allows for immediate rear access to the units that have a parking space. Enjoy the convenience of metro access as well as multiple bus lines just moments away, allowing for easy transportation throughout the city. Additionally, this home is surrounded by an array of fantastic restaurants, trendy shopping destinations, and downtown amenities, making it an ideal choice for those seeking a vibrant urban lifestyle. With its 1441 square feet lot size and income-generating potential, this property presents a rare opportunity to own a piece of the city in a thriving location. Don't miss out on this chance to own an updated, income-producing gem in the heart of Washington, DC.
| Price History | |
|---|---|
| 2/7/2024 | Listed $2,099,900 |
| 3/12/2024 | 3% - $2,049,900 |
| 3/22/2024 | 5% - $1,950,000 |
| 4/10/2024 | 3% - $1,899,000 |
| 4/19/2024 | 6% - $1,799,000 |
General Features
| Interior Features | Carpet,Ceiling Fan(s),Combination Dining/Living,Dining Area,Floor Plan - Traditional,Kitchen - Table Space,Primary Bath(s),Recessed Lighting,Upgraded Countertops,Tub Shower,Window Treatments,Walk-in |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | 0-30 Days CD,Immediate,Negotiable |
| Roof | Flat |
| Appliances | Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer,Washer/Dryer Stacked,Water Heater |
| Zoning | RF-1 |
| Pool Y/N | No Pool |
| Patio/Porch Features | Patio(s),Porch(es) |
| Architectural Style | Traditional |
| Security Features | Main Entrance Lock |
| Construction Materials | Brick |
| Year Built | 1938 |
| View | City |
| Property SubType | Quadruplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Advertising/Licenses and Permits,Common Area Maintenance,Insurance,Lawn/Shrub Care,Repairs |
| Accessibility | Other |
| County | WASHINGTON |
| Operating Expense | 3850.00 |
| Insurance Expense | 2954.00 |
| New Construction | No |
| Property Type | Multi-Family |
| MaintenanceExpense | 13950.00 |
| Subdivision Name | SHAW |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Transportation | Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile |
| Status | ACTIVE |
| Directions | From Florida Ave NW: Head east on Florida Ave,away from U St NW. Turn right on 8th St NW. Property is two blocks down on the left. |
| ModificationTimestamp | 2024-04-19T14:26:30 |
| 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 | 1441.00 |
| Tax Assessed Value | 1263840.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 3 |
| Street Name | 8TH |
| Tax Annual Amount | 11141.0 |
| Trash Expense | 220.00 |
| Two Bedroom | 4 |
| Structure Type | End of Row/Townhouse |
| NumberOfUnitsVacant | 2 |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 3 |
| Price Per Sq Ft | 449.75 |
| Vacation Rental Y/N | No |
| Total SQFT | 4000 |
| Days on Market | 74 |
| Location Type | Suburban |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Old City 2 |
| Tax Lot | 802 |
| Cap Rate | 6.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Ceramic Tile,Engineered Wood,Partially Carpeted |
| Hot Water | Electric |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Window Features | Double Pane |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
Exterior Features
| Parking Features | Parking Space Conveys,Paved Driveway |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 3 |
| Type of Parking | Driveway |
| Foundation Details | Other |
| Water View Y/N | No |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Pool Charge | 0.00 |
| Soil Types | Urban Land-Beltsville-Chillum |
| Land Assessed Value | 317880.00 |
| 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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