Established, modern 2-level mixed-use building located in a prime business location with booming development all around. Prominently situated within walking distance to the all-new multi-phase development; The Parks at Historic Walter Reed with a new Whole Foods Market. The upper level offers a fully remodeled open floor plan unit with 2 bedrooms, 1 den, 1 full bath, an attractive open kitchen with stainless steel appliances (two ovens), granite countertops, large center island with granite, hardwood floors, stacked washer and dryer, trendy metal stair railing – urban charm! The exterior offers a large private deck, 1 parking space in the rear of the building, and ample street parking. There is also a basement area where the utilities are housed. Strong potential for increased foot traffic and values as part of the vibrant and progressing Brightwood neighborhood. This turn-key property is subject to one residential lease through February 2024. The retail space is vacant. The updated storefront unit is built out as a hair salon that originally opened in 1999 and remodeled in 2012 but can be converted into another business type. It currently features a large open space with LVP flooring, modern lighting, 6 stylist stations, an esthetician station, 3 shampoo stations and multiple hair drying stations, a half bath, and a staff lounge/storage area. Units are separately metered. This offering is a rare opportunity to acquire a self-sufficient real estate investment. Are you a seasoned stylist or business owner and ready to step into your destiny of living upstairs and working downstairs running your salon or other business? Or are you savvy buyer who can live upstairs and collect rent from a tenant downstairs to pay a portion of your mortgage. Property being sold AS-IS. Showings require 24 hours’ notice. All showings are by appointment.
This property is $645.8K more than the Median Sold Price and $76/SqFt more than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2125340
Listing Office:
Office Name: Long & Foster Real Estate, Inc.
Office Phone: (301) 388-2600
Listing Agent: Nyya Wellington Bance
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
Takoma Education Campus
7010 Piney Branch Rd NW
Distance between this listing and this school0.29 miles
Public District Grades EE-5
High School
3
/10
Coolidge High School
6315 5th St NW
Distance between this listing and this school0.91 miles
Public District Grades 9-12
Assigned Schools
5
/10
Takoma Education Campus
7010 Piney Branch Rd NW
Distance between this listing and this school0.29 miles
Public District Grades EE-5
Nearby Schools
8
/10
Shepherd Elementary School
7800 14th St NW
Distance between this listing and this school0.61 miles
Public District Grades PK-5
7
/10
Piney Branch Elementary School
7510 Maple Ave
Distance between this listing and this school0.93 miles
Public District Grades 3-5
Nearby Schools
7
/10
Takoma Park Middle School
7611 Piney Branch Rd
Distance between this listing and this school0.86 miles
Public Magnet Grades 6-8
8
/10
Center City Brightwood Campus Public Charter School
6008 Georgia Ave NW
Distance between this listing and this school1.07 miles
Public Charter Grades PK-8
5
/10
Paul Public Charter School Middle School
5800 8th St NW
Distance between this listing and this school1.19 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Coolidge High School
6315 5th St NW
Distance between this listing and this school0.91 miles
Public District Grades 9-12
Nearby Schools
6
/10
Paul Public Charter School International High School
5800 8th St NW
Distance between this listing and this school1.19 miles
Public Charter Grades 9-10
6
/10
Capital City High School Public Charter School
100 Peabody St NW
Distance between this listing and this school1.34 miles
The neighbors living near this home have an average income of $70,325. The majority of Washington, DC residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7305 Georgia Ave NW
What is the listing price of this property?
The listing price of 7305 Georgia Ave NW property is $1,300,000.
What type of property is this?
The property 7305 Georgia Ave NW is a condo located in Washington, District of Columbia, 20012.
Is this property for sale now?
Active Listing: 7305 Georgia Ave NW is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7305 Georgia Ave NW are: Takoma Education Campus: GreatSchools Rating 5/10Coolidge High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $8,297 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 26, 1999 for $85,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 7305 Georgia Ave NW has 2 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 7305 Georgia Ave NW is 2,213 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7305 Georgia Ave NW is 1927.
This home is located at 7305 Georgia Ave NW in Washington, DC and zip code 20012 in the Takoma / Brightwood / Manor Park neighborhood. This 2,213 square foot home, which was built in 1927, sits on a 0.04 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $1,300,000.
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. Between February 2024 and March 2024, Washington, DC real estate market has seen increase in the number of listings by 6.8%. While the average time on the market in March 2024 was 37 days, the median list price was $654,103.
From Rocket Homes Real Estate and based on county public records data.