412 Mellon Street Southeast
412 Mellon Street Southeast
$836,000
2
1
3,200
3,200
$261
Closed 11/22/23
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!
- Listed by RUSSELL F BROWN • Realty One Group Performance, LLCP: 2022565964 russ@rfblist.com
Property Details for 412 Mellon Street Southeast
Tax ID Number
5997//2001
OwnershipFee Simple
Structure TypeEnd of Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
Building NameCONGRESS HEIGHTS (WASHINGTON DC)
Legal SubdivisionCongress Heights
Location
LISTING UPDATED: 11/28/2023 03:46 PM
Property Details for 412 Mellon Street Southeast
Status | Closed |
---|---|
MLS # | DCDC2104826 |
Days on Market | 85 |
Taxes | $6,929 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1942 |
Lot Size | 0.06 AC / 2,800 SF |
County | District of Columbia |
Building
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 412 Mellon Street Southeast
Property History for 412 Mellon 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 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.
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