412 Mellon Street Southeast

Washington, DC 20032

$836,000
Last Sold Price
2
Beds
1
Bath
3,200 Sq. Ft.
$261 / Sq. Ft.
3,200
Sq. Ft.
$261
per Sq. Ft.

Description

This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting OR turning each unit into condos down the road (condos across the street have sold for $300k+) The neighborhood has immense potential with all of the huge developments going into Congress Heights! The new dcha rates for this neighborhood have gone up to $1655/unit as estimated on their affordable housing tool, where three units cover $4,900 When interest rates...This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting OR turning each unit into condos down the road (condos across the street have sold for $300k+) The neighborhood has immense potential with all of the huge developments going into Congress Heights! The new dcha rates for this neighborhood have gone up to $1655/unit as estimated on their affordable housing tool, where three units cover $4,900 When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!
  1. Listed by RUSSELL F BROWN • Realty One Group Performance, LLC
    P: 2022565964 russ@rfblist.com

Property Details for 412 Mellon Street Southeast

Tax ID Number
5997//2001
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Building Name
CONGRESS HEIGHTS (WASHINGTON DC)
Legal Subdivision
Congress Heights

Location

Add your commute
LISTING UPDATED: 11/28/2023 03:46 PM

Property Details for 412 Mellon Street Southeast

StatusClosed
MLS #DCDC2104826
Days on Market85
Taxes$6,929 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1942
Lot Size0.06 AC / 2,800 SF
CountyDistrict of Columbia

Building

CONGRESS HEIGHTS

Built in 1942

Location

Add your commute

Building Information for 412 Mellon Street Southeast

Stories-Residences-Year Built1942Building Size-Lot Size0.06 AC / 2,800 SF

Payment Calculator

$5,140 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,562

Property Taxes

$577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 412 Mellon Street Southeast

Location
Location
  • In City Limits: No
  • Transportation: Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
  • 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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $815,070
  • Year Assessed: 2023
  • Municipal Trash: No
  • Zoning: R3
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: Yes
  • Concessions Amount: $500
  • Concession Remarks: Repair concession
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 4
  • Units Furnished: None
  • Units Leased Count: 1
  • Number Of Units Vacant: 3
  • Number Of Units Month To Month: 1
Multi Family
Unit 1
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Year Major Reno Remodel: 2022
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Soil Types: Unknown
  • Road Surface Type: Paved
  • Road Responsibility: Public
  • Parcel ID: 16162934
Parking
Parking
  • Type Of Parking: On Street
  • Parking Features: Unassigned
Interior Features
Interior Features
  • Interior Features: Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Electric Available, Water Available, Sewer Available
  • Heating: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.russbrown.myrealtyonegroup.com

Property History for 412 Mellon Street Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 412 Mellon Street Southeast

Taxable ValueLand$244,520Additions$570,550Total$815,070
Tax Record2023$6,928 ($577 / month)
Home Facts
Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtStories2Lot Size2,968 SqFtStyleMulti-Family Dwelling (2-4)Year Built1942Year Renovated2009ZoningR-3CountyDISTRICT OF COLUMBIAAPN5997 0812

Schools near 412 Mellon 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
King Elementary School
PublicPK to 5

Hart Middle School
Public6 to 8

Ballou 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Realty One Group Performance, LLC

© 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 11/28/2023 03:46 PM