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$2,049,000

Beds
6
Baths
6.0
sq ft
3,824

1119 6th St NW, Washington, DC 20001

1119 6th St NW

WASHINGTON, DC 20001

  • 71 days on market
    • Price drop $146,000↓
New price! This 4-unit multifamily townhouse located in the Shaw / Mount Vernon neighborhood stands out as an exceptional property. It boasts a unique configuration with two beautifully renovated two bedroom/two full bath multi-story townhouse units positioned at the front and rear, complemented by two meticulously updated English Basement one bedroom/one full bath flats. This thoughtful layout not only provides a diverse range of living spaces, but also enhances its appeal as a lucrative investment opportunity. The meticulous renovations ensure that each unit is modern and functional, catering to the needs of potential tenants or homeowners seeking quality accommodation in a desirable neighborhood. Whether you're considering it for personal use or as part of your investment portfolio, this multifamily unit townhouse offers both a superb living arrangement for an owner to live in one and rent the three additional units or to rent all four for maximum financial return.

Details

Property type

Townhouse

Est. home value

$1,749,264

Lot size

1,546 sq ft

Price per sq ft

$536

Year built

2006

Annual property taxes

$15,050

HOA

No

Price History

10/04/2024
Bright

Bright #DCDC2151966

Price change
$2,049,000
-6.65%
09/20/2024
Bright

Bright #DCDC2151966

Listed
$2,195,000
09/13/2024
Bright

Bright #DCDC2151966

Removed
$2,195,000

Schools & Community

Neighborhood: 

Mount Vernon Square

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$812,552
Asking price
$2,049,000
Closing costs (~8% of asking)
-$163,920
Est. remaining loan balance
-$1,072,528
Cash to seller
$812,552

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

December 2019

Original loan amount

$1,183,000

Est. remaining balance

$1,072,528

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

Nicola Bravo and Bryan Mckenzie

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/04/2024 at 11:20 PM

Listing updated: 10/04/2024 at 8:36 AM

Listed by: Toni M Glickman, TTR Sotheby's International Realty Phone #: (301) 516-1212

MLS: Bright #DCDC2151966

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