Listed By:
RLAH @properties
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
AVG $1.09M
$1.4M
Taxes
AVG $6,752
$10,800
Visits
AVG 1004
785
Data Provided by Inside Real Estate®
Year Built
AVG 1929
1980

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