589 Columbia Road Northwest

Washington, DC 20001

$1,400,000
Price
Beds
7,132 Sq. Ft.
$196 / Sq. Ft.
7,132
Sq. Ft.
$196
per Sq. Ft.

Description

Investment Opportunity in Prime Location
Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details:
Unit Configuration: Four units, each featuring two bedrooms
Potential for Expansion: Ample space available to comfortably rebuild units
...Investment Opportunity in Prime Location

Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details:

Unit Configuration: Four units, each featuring two bedrooms

Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note:

Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.
  1. Listed by Tohmai Smith • RLAH @properties
    P: 2026389497 tohmai.smith@rlahre.com

Property Details for 589 Columbia Road Northwest

Tax ID Number
3051//0825
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Garage
No
Legal Subdivision
Columbia Heights
Central Air
No

Location

Listing Courtesy of RLAH @properties
Add your commute
LISTING UPDATED: 03/25/2024 12:55 AM

Property Details for 589 Columbia Road Northwest

StatusActive
MLS #DCDC2133436
Days on Market41
Taxes$10,800 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1980
Lot Size0.11 AC / 4,791 SF
CountyDistrict of Columbia

Location

Listing Courtesy of RLAH @properties
Add your commute

Building Information for 589 Columbia Road Northwest

Stories-Residences4Year Built1980Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$8,540 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 589 Columbia Road Northwest

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
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,368,220
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $898,650
  • City Town Tax: $10,800
  • Land Assessed Value: $469,570
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RF-1
  • Tax Lot: 825
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 4
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 7,132.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16051134
Parking
Parking
  • Type Of Parking: Driveway, Off Street, Alley, On Street, Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: None
  • Heating Fuel: None
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 589 Columbia Road Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 589 Columbia Road Northwest

Taxable ValueLand$469,570Additions$898,650Total$1,368,220
Tax Record2023$39,937 ($3,328 / month)
Home Facts
Total Finished SqFt5,349 SqFtAbove Grade Finished SqFt5,349 SqFtStories2Lot Size4,791 SqFtStyleMulti-Family Res (5+ Units)ZoningRF-1CountyDISTRICT OF COLUMBIAAPN3051 0825

Schools near 589 Columbia Road Northwest

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 - 9 to 12
Rating
School
Distance
Bruce-Monroe Elementary School @ Park View
PublicPK to 5

MacFarland Middle School
Public6 to 8

Roosevelt High School @ MacFarland
Public9 to 12

Benjamin Banneker High School
Public9 to 12

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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589 Columbia Road Northwest is a multi-family home for sale in Washington, DC 20001. This property was listed for sale on March 20, 2024 by RLAH @properties, it's currently listed at $1,400,000. This listing's school district is District Of Columbia Public Schools. Nearby schools include Bruce-Monroe Elementary School @ Park View, MacFarland Middle School and Roosevelt High School @ MacFarland. 589 Columbia Road Northwest is a 0-bed, 0-bath, 7,132 sqft multi-family home built in 1980.

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 RLAH @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 03/25/2024 12:55 AM