Introducing a rare opportunity to own a fully renovated 4-unit property in the coveted neighborhood of Hillcrest, DC. This meticulously renovated property boasts a full gut renovation, featuring brand new laminate floors, granite countertops, and stainless steel appliances, creating a modern and luxurious living experience for tenants. Each unit within this impressive property is fully rented, offering a lucrative investment opportunity from day one. With a combination of two 2-bedroom units and two 3-bedroom units, this property caters to a diverse range of tenants, making it an attractive option for both investors and future residents. Current monthly rental income - $7703. Additional annual income of 8k+ from fully owned solar panels. Situated conveniently across the river from Capitol Hill, this property offers easy access to the vibrant energy of the city while providing a peaceful retreat for residents. The proximity to public transportation further enhances the appeal of this location, ensuring seamless connectivity to the rest of the city. Don't miss the chance to own this renovated multi-unit property that promises both a strong rental income and the potential for long-term appreciation. Embrace the opportunity to invest in the thriving real estate market of Hillcrest, DC, and make this exceptional property a valuable addition to your portfolio.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1940
Living Area: 2,720 SqFt
Listing Office:
Office Name: Compass
Office Phone: (202) 386-6330
Listing Agent: Phoenix E Wright
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Multi Unit(s)
School Info
Assigned Schools Information:
Anacostia High School, Public District Grades 9-12
Sousa Middle School, Public District Grades 6-8
Randle Highlands Elementary School, Public District Grades EE-5
Other
Directions Information:
Directions: Take Minnesota to Nelson Pl.
Price Information
Listing Price Info
Price Summary:
List Price: $1,199,000
Price Per SqFt: $441/SqFt
Tax Information:
Annual Amount: $22,187
Tax Year: 2020
What can I afford?
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Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $542.8K more than the Median Sold Price and $68/SqFt less than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2131582
Listing Office:
Office Name: Compass
Office Phone: (202) 386-6330
Listing Agent: Phoenix E Wright
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Randle Highlands Elementary School
1650 30th St SE
Distance between this listing and this school0.45 miles
Public District Grades EE-5
Middle School
4
/10
Sousa Middle School
3650 Ely Placese
Distance between this listing and this school0.91 miles
Public District Grades 6-8
High School
4
/10
Anacostia High School
1601 16th St SE
Distance between this listing and this school0.99 miles
Public District Grades 9-12
Assigned Schools
5
/10
Randle Highlands Elementary School
1650 30th St SE
Distance between this listing and this school0.45 miles
Public District Grades EE-5
Nearby Schools
5
/10
Orr Elementary School
2200 Minnesota Ave SE
Distance between this listing and this school0.53 miles
Public District Grades EE-5
7
/10
Kimball Elementary School
3375 Minnesota Ave SE
Distance between this listing and this school0.66 miles
Public District Grades EE-5
Assigned Schools
4
/10
Sousa Middle School
3650 Ely Placese
Distance between this listing and this school0.91 miles
Public District Grades 6-8
Nearby Schools
2
/10
Kramer Middle School
1700 Q St SE
Distance between this listing and this school0.79 miles
Public District Grades 6-8
4
/10
Friendship Public Charter School Chamberlain Middle School
1345 Potomac Ave SE
Distance between this listing and this school1.11 miles
Public Charter Grades 6-8
Assigned Schools
4
/10
Anacostia High School
1601 16th St SE
Distance between this listing and this school0.99 miles
Public District Grades 9-12
Nearby Schools
3
/10
Eastern High School
1700 E Capitol St NE
Distance between this listing and this school1.19 miles
Public District Grades 9-12
5
/10
Seed Public Charter School of Washington Dc
4300 C St SE
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $28,582. Most Washington, DC residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 2928 Nelson Pl SE in Washington, DC and zip code 20019 in the Greenway neighborhood. This 2,720 square foot home, which was built in 1940, sits on a 0.09 acre lot. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $1,199,000.
Washington, DC housing market in April 2024 saw over 125 listings sold above listed price, more than 134 sold at listed price and over 198 sold below. In April 2024 in Washington, DC there were 24.6% more homes for sale than in March 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $656,135.
From Rocket Homes Real Estate and based on county public records data.