1638 16th Street Southeast
1638 16th Street Southeast
Active Under Contract
Active Under Contract
Description
2.75% assumable va mortgage! 1638 16th Street SE is a completely, gut renovated, turn-key two-unit property directly across the street from Anacostia high school. Live in one unit and have the tenant pay the majority of your mortgage, or rent out both units and cash flow $1,000/month! Renovated in 2020, the building consists of two apartment units. Both units are three bedrooms, and each unit has one full and one half bathroom. Each unit has a...Taking back up offers and showings are still welcomed.
2.75% assumable va mortgage! 1638 16th Street SE is a completely, gut renovated, turn-key two-unit property directly across the street from Anacostia high school. Live in one unit and have the tenant pay the majority of your mortgage, or rent out both units and cash flow $1,000/month! Renovated in 2020, the building consists of two apartment units. Both units are three bedrooms, and each unit has one full and one half bathroom. Each unit has a gourmet kitchen with stainless steel appliances, granite countertops, and gas stoves. Luxury vinyl plank flooring and washer and dryer units in each unit make this a highly desirable and maintainable rental. The building can gross up to $52,992 with each unit renting for $2,208/month with utilities included for Section 8 Voucher tenants. Potential to add two parking spaces in the rear with a new gate and other value add options are possible. RA-2 zoning allows for additional development in the future. Current FAR is 0.85, zoning permits up to 1.8 by right, which would translate to over 1800 additional square feet that could be added. Anacostia has been one of the area’s zip codes with the best appreciation over the past five years with the median home price in Anacostia, increasing 32.2% compared to 2018. With the development of Phase II of The Wharf, St. Elizabeth's and other private and public developments, we expect to continue to see significant appreciation and value in Southeast DC.
- Listed by Russell Lyons • Keller Williams Capital PropertiesP: 5083305469 russ.lyons@kw.com
- Listed by Carlos A Garcia • Keller Williams Capital PropertiesP: 2022536177 carlos@enggarcia.com
Property Details for 1638 16th Street Southeast
Location
Property Details for 1638 16th Street Southeast
| Status | Active Under Contract |
|---|---|
| MLS # | DCDC2099374 |
| Days on Market | 161 |
| Taxes | $4,806 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1935 |
| Lot Size | 0.05 AC / 1,983 SF |
| County | District of Columbia |
Location
Building Information for 1638 16th Street Southeast
Payment Calculator
$4,575 per month
30 year fixed, 7.25% Interest
$4,175
$401
$0
Property Information for 1638 16th Street Southeast
- In City Limits: Yes
- School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- School District County ID: 121140357950
- SchoolDistrictSource: Listing Agent
- County: WASHINGTON
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2022
- Tax Assessed Value: $625,740
- Year Assessed: 2022
- County Tax: $0
- Improvement Assessed Value: $486,160
- City Town Tax: $4,806
- Land Assessed Value: $139,580
- Clean Green Assessed: No
- Land Use Code: 0
- Zoning: RA-2
- Tax Lot: 805
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 2
- Number Of Units Month To Month: 1
- Building Units Total: 2
- Total Finished SQFT: 1,700.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,700.00
- Total SQFT: 1,700.00
- Total SQFT Source: Assessor
- Construction Materials: Brick
- Foundation Details: Other
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Assessor
- Soil Types: Urban Land-Galestown-Rumford
- Parcel ID: 16097702
- Type Of Parking: Driveway, Off Street
- Accessibility Features: None
- Pool: No Pool
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Capital Area Association of REALTORS
Property History for 1638 16th 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 1638 16th Street Southeast
Schools near 1638 16th Street Southeast
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Ketcham Elementary School PublicPK to 5 | ||
Kramer Middle School Public6 to 8 | ||
Anacostia High School Public9 to 12 | ||
Excel Academy PublicPK to 8 |
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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Listing Courtesy of Keller Williams Capital Properties
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/26/2024 01:07 PM