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508 Rhode Island Avenue NW

WASHINGTON, DC 20001
  • $1,225,000
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • ID#: DCDC2017102
Under Contract
UPDATED: 21 min ago
$1,225,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,984
    SQFT
  • $617
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1881
County:

School Ratings & Info

Description

Here's your second chance! Phenomenal opportunity to own a multi-family in DC's highly sought-after Shaw neighborhood. Rich with history, the stunning top-to-bottom conversion of this historic DC rowhouse boasts three beautifully designed one bedroom units that will provide amazing cash flow for years to come. Whether you're looking to owner occupy one unit or lease all three - your finances will surely appreciate this brilliant long-term investment. Enjoy close proximity to delightful restaurants, great grocery stores, bars, nightlife and entertainment. Labeled a "Walker's Paradise," you'll never need a car and if you need to move around town, do so easily with quick access to Metrorail, bus, Capital Bike Share, Scooters, and more! Each unit features premium finishes including bamboo floors, quartz counters, designer baths with Porcelenosa tile and Restoration Hardware fixtures and vanities, gas cooking, gorgeous lighting, and NEST thermostats. The building is prepared for condo conversion (fire suppression systems installed) and boasts high caliber insulation and large sound-proof windows. The ground level and first level units are vacant and ready for new tenants of your choosing. Don't miss out on this wonderful investment in DC's hottest neighborhood.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coleman & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-02T09:52:04.427.
www.gocoleman.com/homes/122396957
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508 Rhode Island Avenue NW WASHINGTON, DC 20001

  • Price: $1,225,000
  • Status: Active Under Contract
  • On Site: 47 Days
  • Updated: 21 min ago
  • ID#: DCDC2017102
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,984
SQFT
$617
$/SQFT
1881
Built
Neighborhood:
Shaw
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Here's your second chance! Phenomenal opportunity to own a multi-family in DC's highly sought-after Shaw neighborhood. Rich with history, the stunning top-to-bottom conversion of this historic DC rowhouse boasts three beautifully designed one bedroom units that will provide amazing cash flow for years to come. Whether you're looking to owner occupy one unit or lease all three - your finances will surely appreciate this brilliant long-term investment. Enjoy close proximity to delightful restaurants, great grocery stores, bars, nightlife and entertainment. Labeled a "Walker's Paradise," you'll never need a car and if you need to move around town, do so easily with quick access to Metrorail, bus, Capital Bike Share, Scooters, and more! Each unit features premium finishes including bamboo floors, quartz counters, designer baths with Porcelenosa tile and Restoration Hardware fixtures and vanities, gas cooking, gorgeous lighting, and NEST thermostats. The building is prepared for condo conversion (fire suppression systems installed) and boasts high caliber insulation and large sound-proof windows. The ground level and first level units are vacant and ready for new tenants of your choosing. Don't miss out on this wonderful investment in DC's hottest neighborhood.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1336 Below Grade Finished Area 648 Cooling Central A/C Fireplaces Total 0 Flooring ConcreteWood Heating Forced AirCentral Heating YN Yes Interior Features Floor Plan - Open Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0 Walls Ceilings Dry WallBrick

Property Features

Acceptable Financing ConventionalFhaCashVa Accessibility Features None Assessment Year 2020 Central Air YN Yes Cooling Fuel Electric Cross Street 6th Street Nw Foundation Details Brick/Mortar Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 3 Number Of Units Vacant 2 Original MLSNumber 801108299298 Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 8550.00 Tax Assessment Amount 1038280.00 Tax Lot 20 Transportation Metro/Subway Station Less Than 1 Mile Vacation Rental YN No Water Source Public Year Built Effective 2015 Zoning Res

Listing courtesy of Urban Brokers, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Coleman & Associates | Compass. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-02T09:52:04.427.
 
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Coleman & Associates | Compass
6849 Old Dominion Drive, Suite 400
McLean VA, 22101