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$1,899,900

Beds
6
Baths
6.0
sq ft
2,726

1414 Pennsylvania Ave SE, Washington, DC 20003

1414 Pennsylvania Ave SE

WASHINGTON, DC 20003

  • 168 days on market
    • Price drop $350,100↓
Priced to Sell // Over $350,000.00 Price Reduction! // Cash Flowing Lucrative Investment Opportunity! Newly remodeled Side-by-Side Row Home is a Turnkey Multi-Family Commercial Property with a Total of 3 Units, each featuring 2 Bedrooms & 2 Bathrooms/Unit (Total of 6 BD/6 BA), with convenient In-Unit W/D's in all. MU-4 COMMERCIAL ZONED, you have the ability to build up an entire extra level. Currently Operating as an 2 AirBnBs, 4BD/4BA & 2BD/2BA. UNIT 1414 Upper Level features Modern European White Gloss Cabinetry, Stone Countertops, Hardwood Flooring, Spa-Like Bathrooms, with Glass Shower Doors with Rear Decking. UNIT 1414 Lower Level features Large Format Tile throughout, including Spa-Like Bathrooms, Modern European White Gloss Cabinetry, Stone Countertops, with rear access to a spacious private patio. UNIT 1416 features Light Grey Shaker Cabinets, Stone Countertops, Spa-Like Baths, rear access to a spacious shared private patio. Don't miss out on this incredible opportunity to invest in a cash flowing turnkey multi-family property.

Details

Property type

Townhouse

Lot size

1,568 sq ft

Price per sq ft

$697

Year built

1900

Annual property taxes

$13,975

HOA

No

Price History

02/10/2024
BrightMLS

BrightMLS #DCDC2106704

Removed
$2,225,000
+17.11%
02/10/2024
Bright

Bright #DCDC2128028

Listed
$1,899,900
-14.61%
08/02/2023
BrightMLS

BrightMLS #DCDC2106704

Listed
$2,225,000

Schools & Community

Neighborhood: 

Capitol Hill

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

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

Lender

All Credit Considered Mortgage Inc

Loan start date

April 2014

Original loan amount

$276,000

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

Commercial, 1 year

Seller

Patricia D White and Latricia L Hardy

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: 07/27/2024 at 4:15 AM

Listing updated: 07/24/2024 at 3:04 AM

Listed by: Anousha Nikjouian, RE/MAX Realty Services Phone #: (240) 403-0400

MLS: Bright #DCDC2128028

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