3 unit building in sound rental condition. Owner occupants can live in vacant unit and let other two tenants pay everything so that they live for free. Investors, please note that the gross cap rate is 10%--an exceptional return for DC. You are highly unlikely to find a more profitable building. Can see vacant units only. Write offer subject to inspection of other unit. Units 1 and 3 are vacant. Forced air heating means you may be able to add central AC inexpensively since the ductwork is already in place. Consult an HVAC contractor.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1951
Living Area: 1,687 SqFt
Listing Office:
Office Name: RE/MAX Allegiance
Office Phone: (202) 547-5600
Listing Agent: Ellen M Levy
Interior Features
Interior Information:
Appliances: Disposal, Refrigerator, Stove
Basement: Yes
Flooring Type: Carpet
Interior: Carpet, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Galley, Tub Shower
Exterior Features
Parking Information:
Parking: Dirt Driveway, Alley
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
School Info
Assigned Schools Information:
Woodson High School, Public District Grades 9-12
Kelly Miller Middle School, Public District Grades 6-8
Drew Elementary School, Public District Grades EE-5
Other
Directions Information:
Directions: Just south of Dix NE. 3 blocks off N Capitol.
Price Information
Listing Price Info
Price Summary:
List Price: $450,000
Price Per SqFt: $267/SqFt
Tax Information:
Annual Amount: $2,615
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $204.1K less than the Median Sold Price and $244/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: #DCDC2135774
Listing Office:
Office Name: RE/MAX Allegiance
Office Phone: (202) 547-5600
Listing Agent: Ellen M Levy
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
3
/10
Drew Elementary School
5600 Eads St NE
Distance between this listing and this school0.23 miles
Public District Grades EE-5
Middle School
3
/10
Kelly Miller Middle School
301 49th St NE
Distance between this listing and this school0.50 miles
Public District Grades 6-8
High School
3
/10
Woodson High School
540 55th St Ne
Distance between this listing and this school0.19 miles
Public District Grades 9-12
Assigned Schools
3
/10
Drew Elementary School
5600 Eads St NE
Distance between this listing and this school0.23 miles
Public District Grades EE-5
Nearby Schools
3
/10
Dc Scholars Public Charter School
5601 E Capitol St SE
Distance between this listing and this school0.31 miles
Public Charter Grades PK-4
7
/10
Burrville Elementary School
801 Division Ave NE
Distance between this listing and this school0.47 miles
Public District Grades EE-5
Assigned Schools
3
/10
Kelly Miller Middle School
301 49th St NE
Distance between this listing and this school0.50 miles
Public District Grades 6-8
Nearby Schools
5
/10
Kipp Dc Key Academy Public Charter School
4801 Benning Rd SE
Distance between this listing and this school0.99 miles
Public Charter Grades 5-8
7
/10
D C Preparatory Benning Middle Campus
100 41st St NE
Distance between this listing and this school1.21 miles
Public Charter Grades 4-4
Assigned Schools
3
/10
Woodson High School
540 55th St Ne
Distance between this listing and this school0.19 miles
Public District Grades 9-12
Nearby Schools
4
/10
Idea Public Charter School
1027 45th St NE
Distance between this listing and this school1.05 miles
Public Charter Grades 9-12
3
/10
Fairmont Heights High School
1401 Nye St
Distance between this listing and this school1.16 miles
The neighbors living near this home have an average income of $26,692. Typical income of Washington, DC residents is less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 321 54th St NE in Washington, DC and zip code 20019 in the Northeast neighborhood. This 1,687 square foot home, which was built in 1951, sits on a 0.07 acre lot. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $450,000.
In March 2024 more than 124 listings in Washington, DC were sold above the asking price. During the same period more than 119 listings were sold at asking price, while more than 177 were sold below. In March 2024 in Washington, DC there were 6.8% more homes for sale than in February 2024. Listings spent 37 days on the market in March 2024, and had a median list price of $654,103 during the same period.
From Rocket Homes Real Estate and based on county public records data.