1723 Capitol Avenue Northeast

Washington, DC 20002

$865,000
Last Sold Price
Beds
3,232 Sq. Ft.
$268 / Sq. Ft.
3,232
Sq. Ft.
$268
per Sq. Ft.

Description

Property was under contract for 17 months while resolving TOPA issues with tenants. Issues now resolved. List date is not reflective of any issues with property. Huge 4-Unit property with excellent income potential! Four 1-bedroom plus den with 1bath units, three rented - one vacant and waiting for you. Another tenant will vacate June 1 - giving new owner 2 units vacant. 3rd tenant will vacate 6 months after closing Owners collect $1175/month - $1250 monthly for each unit. Off-street parking in the...Property was under contract for 17 months while resolving TOPA issues with tenants. Issues now resolved. List date is not reflective of any issues with property. Huge 4-Unit property with excellent income potential! Four 1-bedroom plus den with 1bath units, three rented - one vacant and waiting for you. Another tenant will vacate June 1 - giving new owner 2 units vacant. 3rd tenant will vacate 6 months after closing Owners collect $1175/month - $1250 monthly for each unit. Off-street parking in the rear for 2 cars. Each unit has its own washer/dryer hookups. Great opportunity to get into a hot neighborhood and hold as a stable investment property or convert to condos. Short walk to Ivy City and the H St corridor with all the bar and restaurants. a long term investment if you are looking for a stable source of income! A great opportunity for condo. Conversion Lots of options here! Listing agent related to seller. Please note in offer
  1. Listed by Lise Courtney M Howe • Keller Williams Capital Properties
    P: 2404015577 lise@lisehowe.com

Property Details for 1723 Capitol Avenue Northeast

Tax ID Number
4051//0041
Ownership
Fee Simple
HOA
No
Structure Type
Other
Style
Other
Waterfront
No
Views
City
Garage
No

Location

Listing Courtesy of Keller Williams Capital Properties

Sold By Fairfax Realty Premier

Add your commute
LISTING UPDATED: 08/17/2022 09:04 AM

Property Details for 1723 Capitol Avenue Northeast

StatusClosed
MLS #DCDC438324
Days on Market166
Taxes$5,117 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1936
Lot Size0.07 AC / 2,890 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Keller Williams Capital Properties

Sold By Fairfax Realty Premier

Add your commute

Building Information for 1723 Capitol Avenue Northeast

Stories-Residences4Year Built1936Building Size-Lot Size0.07 AC / 2,890 SF

Payment Calculator

$5,147 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,721

Property Taxes

$426

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1723 Capitol Avenue Northeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $645,670
  • Year Assessed: 2020
  • Improvement Assessed Value: $363,230
  • City Town Tax: $5,117
  • Land Assessed Value: $282,440
  • Clean Green Assessed: No
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: TBD
  • Zoning Dscrp: Residential
  • Tax Lot: 41
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Lease Information
Lease Information
  • Owner Pays: Common Area Maintenance, Advertising/Licenses and Permits, Insurance, Management, Lawn/Shrub Care, Snow Removal, Taxes - Real Estate, Water, Sewer
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 4
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: .00%
  • Number Of Units Month To Month: 2
Financial Information
Financial Information
  • Gross Scheduled Income: $4,875
  • Annual Rental Income: $58,500
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Yearly, Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2015
  • Building Units Total: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16072845
Parking
Parking
  • Type Of Parking: On Street, Off Street
  • Total Non-Garage Parking Spaces: 2
  • Parking Features: Paved Parking, Unassigned, Surface
Interior Features
Interior Features
  • Fireplace: No
  • Fireplaces Count: 0
  • Appliances: Dryer, Dryer - Front Loading, Washer - Front Loading, Washer, Stove, Refrigerator
  • Accessibility Features: 32"+ wide Doors
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water, Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.lisehowe.com

Property History for 1723 Capitol Avenue Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1723 Capitol Avenue Northeast

Taxable ValueLand$303,830Additions$520,620Total$824,450
Tax Record2023$7,200 ($600 / month)
Home Facts
Baths4Total Finished SqFt3,232 SqFtAbove Grade Finished SqFt3,232 SqFtStories2Lot Size2,890 SqFtStyleMulti-Family Dwelling (2-4)Year Built1936Year Renovated2002ZoningRF-1CountyDISTRICT OF COLUMBIAAPN4051 0041

Schools near 1723 Capitol Avenue Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 5
Public - 9 to 12
Rating
School
Distance
Wheatley Education Campus
PublicPK to 8

Dunbar High School
Public9 to 12

School-Within-School @ Goding
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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 08/17/2022 09:04 AM