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  • $760,000

    1805 I St NE, Washington, DC 20002

    4beds
    --baths
    2,368sqft
    Townhouse
    Built in 1942
    -- sqft lot
    $774,800 Zestimate®
    $321/sqft
    $-- HOA

    What's special

    Investor/Developer Special! Discover an exceptional investment and development opportunity in the heart of Washington, DC. This 4-unit apartment building, strategically located within a mile of the vibrant H Street Corridor, presents a remarkable chance for investors and developers to capitalize on the city's thriving real estate market. With each unit offering one bedroom and one bathroom, this property holds immense potential to cater to the growing demand for urban living spaces. This property is a true gem for savvy investors and visionary developers seeking a promising venture. With its prime location and the potential for substantial rental income, this 4-unit apartment building is an attractive proposition for those looking to expand their real estate portfolio or make their mark on DC's dynamic property landscape. Positioned less than a mile from the renowned H Street Corridor, residents of this apartment building will enjoy the best of both worlds – a serene residential setting with quick access to the city's most vibrant dining, entertainment, and cultural hotspots. The H Street Corridor is known for its eclectic mix of restaurants, cafes, boutiques, and nightlife, offering a lifestyle that's both convenient and exciting. The property's location becomes even more enticing when considering the surrounding area's development trends. Within the immediate block, neighboring properties have been transformed into multi-unit condo units, demonstrating the demand for modern, upscale housing in this coveted locale. As the city continues to evolve and attract a diverse demographic, this 4-unit apartment building presents a timely opportunity to meet the demand for well-appointed, spacious living spaces. As an investor or developer, the possibilities are boundless. From a buy-and-hold strategy, benefiting from consistent rental income in a high-demand location, to a creative redevelopment project that aligns with the neighborhood's evolving aesthetic – this property serves as a canvas for your real estate aspirations.

    Zillow last checked: 7 hours ago

    Listing updated: December 10, 2023 at 12:47am

    Listed by:

    Jeremiah Abu-Bakr 202-957-8332,

    Own Real Estate,

    Co-Listing Agent: Rannard M Edwards 240-832-4066,

    Own Real Estate

    Bought with:

    Abel Gebremichael, SP98377913

    Keller Williams Capital Properties

    Source: Bright MLS,MLS#: DCDC2109674MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Refrigerator, Disposal, Range Hood, Gas Water Heater
    Features
    • Floor Plan - Traditional, Kitchen - Galley, Bathroom - Tub Shower
    • Flooring: Hardwood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,368
    • Total interior livable area: 2,368 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Doors - Swing In
    Features
    • Pool features: None
    • Has view: Yes
    • View description: City
    Lot
    • Size: 2,560 sqft
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 4494//0845
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Average
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Electric: 120/240V
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Washington

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    Services availability
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