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1004 18th Street NEWashington, DC 20002MLS Number DCDC2065784

  • Price: $749,900
  • 27 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
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1004 18th Street NE Washington DC 20002
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  • 0.04Acreage
  • 1940Year Built
  • 205Price Per Square Foot
  • 7Units
The property allows an opportunity for a developer to build up to 7 condo or rental units. Seller will provide fully approved plans and permits prior to settlement. Zoning is RA-2 that has an FAR of 1.8 and 2.16 with Inclusionary Zoning units. 1004 18th is located in an Opportunity Zone which allows developers the ability to design affordable housing. There are possible tax credits that the developer may be able to take advantage of for providing affordable housing. The Housing Choice Voucher Program allowable rents are very attractive. See attached rents. LOCATION Carver/Langston has become one of the hottest new neighborhood to live in with a lot of Development going on providing owners with restaurants, grocery stores and shopping along the H Street Corridor. Surrounding neighborhoods like Benning Road, Bladensburg RD and Ivy City are providing additional services to community residents.
Listed by Samuel R Davis, Long & Foster Real Estate,Inc.

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Basic Information

  • Broker NameLong & Foster Real Estate, Inc.
  • List Price$749,900
  • MLS NumberDCDC2065784
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot205
  • StatusACT
  • Units7

Building

  • Building Area SourceEstimated
  • Building Area Total3660
  • Construction MaterialsBrick
  • FoundationBlock
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Stories3
  • Total Garage And Parking Spaces1
  • Year Built1940

Tax Information

  • Assessment Year2021
  • City Town Tax3912
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount501530
  • Tax Lot148
  • Tax Year2021
  • Taxes$3,912
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.04
  • Business TypeApartment Building
  • Lot Size SourceEstimated
  • Lot Size Square Feet1,654
  • New Construction YNYes
  • Property ConditionMajor Rehab Needed
  • Property SubTypeFive Or More Units
  • ZoningRA-2
  • Zoning DescriptionPermit flexibility of design by permitting all types of urban residential development (per DC website). Buyer to confirm.

Parking

  • Assigned Parking Spaces
  • Parking TypesDriveway

Basic Information

  • Date Listed09/07/2022

Location

  • Address1004 18th Street NE
  • Building Number1004
  • CountyWashington
  • Cross StreetK Street
  • DirectionsTake 17th Street NE to K Street NE. Turn right and then to 18th Street and turn left. Building on the left.
  • In City Limits YNYes
  • StateDC
  • SubdivisionCarver Langston
  • TownWashington
  • Zip20002

Utilities

  • CoolingNone
  • Heat SystemNone
  • Heating FuelNatural Gas Available
  • SewerPublic Sewer
  • Water SourcePublic

Other

  • Soil TypesUrban Land-Sassafras-Chillum

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Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 4, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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