1300 U Street Southeast
1300 U Street Southeast
$1,200,000
6
4
4,000
4,000
$300
For Sale By Owner
Description
This is a total gem – a TURN-KEY property! If you are looking for an investment property in a gentrifying location, this is it! Perfect opportunity to own an existing move-in-ready investment property or live in one unit and rent out the others for $$$. Endless potential. This building has 4 separate apartments, 2 apartments are one bedroom, one bathroom; 2 corner apartments are 2 bedrooms and one bathroom. All units have been renovated or updated in the past 3 years. The entire building got a new...This is a total gem – a TURN-KEY property! If you are looking for an investment property in a gentrifying location, this is it! Perfect opportunity to own an existing move-in-ready investment property or live in one unit and rent out the others for $$$. Endless potential. This building has 4 separate apartments, 2 apartments are one bedroom, one bathroom; 2 corner apartments are 2 bedrooms and one bathroom. All units have been renovated or updated in the past 3 years. The entire building got a new roof, new water heaters, boilers, and an electric heavy up in the past couple years. Kitchens have stainless steel appliances and new countertops and cabinets. All units have big, open porches in the back. Building shares a large, private back yard with a firepit. There is a Little Free Library in the front yard. There is also a shared basement for storage or washer/dryer and utilities. For the last 4 years this building has been under slow renovation, doing the apartments one-by-one, and then turned into airbnbs. All units can come fully furnished (furniture in the pictures is accurate and shows what is currently in the building), and ready to rent or live in immediately. One of the 1 bedroom apartments is currently rented for $1650/monthly, and the other 3 units are booked via short term rentals on Airbnb. When you purchase this property, you are literally purchasing a real estate business. Renting the building via Airbnb makes $10,00/month (~$99-$139/night per apartment). Renting all the units long-term makes $7,300/monthly. The building itself is on the corner, which provides a ton of natural light to the building. The building is right next to Martin Luther King Street, which is a happening area! A Busboys and Poets restaurant, Peets Coffee, Starbucks, and other small cafes and restaurants have all recently opened up within a 5 min walk of this building. Its 1 mile from the Anacostia metro stop. Right out front of the building is a station for Capitol Bikeshare and electric scooters! You can also walk to the Anacostia Riverfront, Capitol Hill, or Navy Yard from this building. You cannot ask for a better investment property! Selling as-is... including the furniture and all amenities that make it an airbnb.
Amenities
- Stainless Steel Appliances
- Fully Furnished
- Basement
- Back Yard
- Front Yard
Location
LISTING UPDATED: 01/03/2022 07:00 PM
Property Details for 1300 U Street Southeast
Status | Active |
---|---|
MLS # | 11460170 |
Days on Market | 854 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Single Family |
Year Built | 1937 |
Lot Size | 0.00 AC / 0 SF |
County | District of Columbia |
Location
Building Information for 1300 U Street Southeast
Stories-Year Built1937Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$7,085 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1300 U Street Southeast
Property History for 1300 U Street Southeast
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1300 U Street Southeast
Taxable ValueLand$158,650Additions$476,720Total$635,370
Tax Record2023$6,430 ($536 / month)
Home Facts
Baths4Total Finished SqFt3,264 SqFtAbove Grade Finished SqFt3,264 SqFtStories2Lot Size3,600 SqFtStyleMulti-Family Dwelling (2-4)Year Built1937Year Renovated2020ZoningR-3CountyDISTRICT OF COLUMBIAAPN5768 0826
Schools near 1300 U Street Southeast
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Ketcham Elementary School PublicPK to 5 | ||
Kramer Middle School Public6 to 8 | ||
Anacostia High School Public9 to 12 | ||
Dorothy Heights PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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