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1622 17Th Street SeWashington, DC 20020MLS Number DCDC2069576

  • Price: $899,000
  • 44 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
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1622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 200201622 17Th Street Se Washington DC 20020
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  • 0.07Acreage
  • 1938Year Built
  • 261Price Per Square Foot
  • 4Units
Amazing opportunity for investors to complete a 6-unit condo conversion in the Anacostia Waterfront Development Zone of Southeast DC. The city has approved this 3,440-square-foot brick townhouse for 6 individual condominium units, each with two bedrooms and one bathroom. All permits and approvals were obtained to start construction immediately - minimal carrying costs. Prime location in the historic Fairlawn neighborhood offering a community vibe with all the benefits of living in the nation's capital - easy access to renowned dining, shopping, nightlife, theaters, and more. Neighborhood highlights include Children's National Pediatric Care Center, Busboys and Poets, Anacostia Arts Center, Anacostia Playhouse, Frederick Douglass National Historic Site, numerous locally owned businesses, and a thriving arts scene, including public murals and sculptures. Steps to Anacostia Park, Rec Center, and River Walk Trail. Just across the river from Capitol Hill, Nationals Stadium, Navy Yard, National Mall, and Reagan National Airport. Surrounded by major commuter routes, including the 11th Street Bridge, Southeast Freeway, Anacostia Freeway, Pennsylvania Ave, and public transportation.
Listed by Alejandro Luis A Martinez, The Agency DC

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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 NameThe Agency DC
  • List Price$899,000
  • MLS NumberDCDC2069576
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot261
  • StatusACT
  • Units4

Building

  • Building Area SourceAssessor
  • Building Area Total3440
  • Building PermitsOn Hand
  • Construction MaterialsOther
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces
  • Year Built1938

Other

  • Cap Rate6
  • Gross Scheduled Income150000
  • Operating Expense21500
  • Soil TypesUrban Land-Galestown-Rumford
  • Vacancy Allowance Rate5

Tax Information

  • Assessment Year2022
  • City Town Tax5933
  • City Town Tax Payment FrequencyAnnually
  • Tax Assessment Amount773280
  • Tax Lot9
  • Tax Year2022
  • Taxes$5,933
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.07
  • Business TypeApartment Building
  • Lot Size SourceAssessor
  • Lot Size Square Feet2,856
  • Property ConditionExcellent
  • Property SubTypeFive Or More Units
  • ZoningR5B

Parking

  • Assigned Parking Spaces
  • Parking TypesNone

Basic Information

  • Date Listed10/19/2022

Location

  • Address1622 17Th Street Se
  • Building Number1622
  • CountyWashington
  • DirectionsGPS
  • In City Limits YNYes
  • StateDC
  • TownWashington
  • Zip20020

Utilities

  • CoolingNone
  • Heat SystemNone
  • SewerPublic Sewer
  • Water SourcePublic

Amenities

  • Other AmenitiesWaterfront

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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 December 1, 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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