2928 NELSON PL SE Active

Washington,DC 20019

$ 1150000

- Bed

- Bath

2720 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $422

MLS Listing ID DCDC2154388

Style Colonial

Abv Grd Liv Area 2,720

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $4,544

Tax Year 2022

Lot Size 4,008 Sqft

Acres 0.09

Property Description

Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer.

The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs.

Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.

Location

State DC

County Washington

Zoning NA

Interior

Hot Water Electric

Heating Other

Cooling Multi Units

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5505//0023

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

View More
Favorite Go Tour