Capital Structures Real Estate LLC
Shameeka Price
301-259-3387301-259-3387
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Capital Structures Real Estate LLC
Buy and Sell with Shameeka Price

1418 Newton STREET NW, Washington, DC 20010 (MLS # DCDC402678)

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PRICE $1,250,000
BEDS 0
BATHS 0 baths
HOME SIZE 2,908 sq ft
LOT SIZE 1,646 sqft

SUPERB LOCATION!!! Investors dream!!!! 3 unit apartment building featuring 2 one bedroom apartments and 1 two bedroom duplex. The building has been updated and has a great rental income. The property rents immediately upon advertising it due to its excellent location and accessibility to Downtown, Major transportation routes , Rock creek parkway. Located 2 blocks away from the Columbia heights metro and one block from the shopping area of Columbia heights including, target, safeway, best buy, restaurants, shops, banks, gym, dry cleaners, entertainment and everything needed. Within walking distance to U st and the popular 14th st area where all the heavily frequented restaurants and bars are. The property is fully licensed to operate as a 3 unit rental and is ready to go for the next owner, property is not under rent control. Tenants have already given a move out notice so the property can be sold vacant. Excellent opportunity for developers since the property zoning is R4 which is very rare in this area due to zoning law changes ( not many R4s in this area). Opportunity for investors to expand the property. Property has been remodeled and collects high rents since its rent control exempt. The property has two parking spaces which create additional revenue that convey with the sale of the property. Parking is highly sought in this area.

DAYS ON MARKET 8 LAST UPDATED 3/15/2019
YEAR BUILT 1920 COUNTY Washington
STATUS Active PROPERTY TYPE(S) Multi-Family

SCHOOLS
School District District Of Columbia Public Schools


ADDITIONAL DETAILS
ACCESSIBILITY FEATURES 2+ Access Exits
ARCHITECTURAL STYLE Other
BASEMENT TYPE Fully Finished, Rear Entrance
BASEMENT YN Y
CENTRAL AIR YN Y
CITY/TOWN TAX 6180.00
CITY/TOWN TAX PYMNT FREQ Annually
CONSTRUCTION MATERIALS Brick, Other
COOLING FUEL Electric
COOLING TYPE Ceiling Fan(s), Central A/C, Window Unit(s)
ELECTRIC SERVICE Circuit Breakers
EXTERIOR FEATURES Other
FIREPLACE YN N
FIREPLACES COUNT 0
FLOORING TYPE Carpet, Hardwood, Marble, Tile/Brick, Wood
HEATING FUEL Natural Gas
HEATING TYPE Other, Radiator
HEATING YN Y
HOT WATER 60+ Gallon Tank
IN CITY LIMITS YN N
INCOME INCLUDES Parking
INSURANCE EXPENSE 100.00
LISTING AGREEMENT TYPE Exclusive Agency
LISTING SERVICE TYPE Entry Only
LIVING AREA SQFT SOURCE Assessor
LOT SIZE SOURCE Owner
LOT SIZE UNITS Square Feet
NAVIGABLE WATER YN N
ONE BEDROOM UNITS COUNT 2
OTHER UNITS Unit 1, Unit 2, Unit 3
OWNERSHIP INTEREST Fee Simple
PARKING FEATURES Brick Driveway, Concrete Driveway, Parking Space Conveys
PHOTO OPTION Lister Will Upload All
POOL No Pool
POSSESSION Settlement
PRICE PER SQFT 642.34
PROPERTY CONDITION As-is Condition
PROPERTY SUB TYPE Other
PROPERTY TYPE Multi-Family
RIPARIAN RIGHTS YN N
ROOF Unknown
SCHOOLDISTRICTSOURCE Listing Agent
SECURITY FEATURES Intercom, Main Entrance Lock
SEWER SEPTIC Other, Public Sewer
SINGLE ROOM UNITS COUNT 0
SOIL TYPES Unknown
STANDARD STATUS Active
STRUCTURE TYPE Other
SUB SYSTEM LOCALE BRIGHT_MAIN
TAX ANNUAL AMOUNT 6180.0
TAX ASSESSED VALUE 824340.0
TAX LOT 627
TAX TOTAL FINISHED SQFT 2716
TAX YEAR 2018
THREE BEDROOM UNITS COUNT 0
TIDAL WATER YN N
TOTAL SQFT SOURCE Assessor
TOTAL TAXES PYMNT FREQ Annually
TWO BEDROOM UNITS COUNT 1
TYPE OF PARKING Off Street, Other, Parking Lot
UTILITIES Cable TV, DSL Available, Fiber Optics Available, Phone Available
VACATION RENTAL YN N
WALL & CEILING TYPES 9'+ Ceilings
WATER ACCESS YN N
WATER ORIENTED YN N
WATER SOURCE Public
WATER VIEW YN N
WATERFRONT YN N
YEAR ASSESSED 2018
YEAR BUILT SOURCE Owner
ZONING R4


96 Walker's Paradise



 
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Last Updated: 3/22/19 8:02 PM PDT

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Reviews

5user9686575

Shameeka is a very thorough real estate agent and great at what she does. She kept me informed about every step of my short sale process and negotiated the sale of my home in a prompt fashion. You will not be disappointed if you choose Shameeka as your agent.... (more)

5user8209063

I had a great experience with Mrs. Price as my real estate agent. She helped me with the first-time home buyers program which she was very knowledgeable. I thought it would be an extensive process however it was not. She walked me through every step. She... (more)

5user8550735

I have been working with Shameeka Price for a few months now. She came highly recommended from a close friend of mine. We have looked at homes all over the DC area and her knowedege, expertise, and professionlism are second to none! I would recommend her to... (more)

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