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$1,773,557Estimated home value

Beds
6
Baths
6.0
sq ft
3,226

251 8th St NE, Washington, DC 20002

251 8th St NE

WASHINGTON, DC 20002

  • Off market
An incredibly rare opportunity to own a gorgeous turn-key multi-family property in the heart of Capitol Hill (MU-4 Zoning). Meticulously restored and cared for, this historic home consists of two separate spaces, including a total of four self-sufficient living flats. Live in one house and rent the other; or combine the property into one grand home. Ideal for Airbnb, or short-term and corporate rentals. Located in one of the most sought-after neighborhoods in the city, within walking proximity to the Capitol, public transportation, restaurants, shopping, parks, and museums. Sitting on a corner lot, this property boasts a slightly larger main home in the front (251 8th St NE), with an open living area, two bedrooms and baths upstairs, and a separate studio suite in the lower-level. The rear home (801 C St NE) has a side entrance with an open living area as well. It too has two bedrooms and baths upstairs, and a lower-level studio suite with its own egress. The rear house opens up to a private gated terrace, beautifully paved with heated flagstone. Private heated parking pad for multiple vehicles is included.

Details

Property type

Townhouse

Est. home value

$1,773,557

Lot size

499 sq ft

Price per sq ft

$744

Year built

1880

Annual property taxes

$12,062

HOA

No

Price History

10/01/2024
Bright

Bright #DCDC2147776

Removed
$2,400,000
07/08/2024
Bright

Bright #DCDC2147776

Listed
$2,400,000
+26.32%
04/07/2023
Bright

Bright #DCDC2079744

Sold
$1,900,000
+21.6%

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

The National Capital Bank Of Washington

Loan start date

March 2023

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Adjustable Rate Mortgage

Seller

Gidey Gebremariam

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: Off Market

Tomo last checked: 10/04/2024 at 9:50 PM

Listing updated: 08/14/2024 at 4:24 AM

Listed by: Wehazit D Mail, RE/MAX One Solutions Phone #: (703) 992-0254

MLS: Bright #DCDC2147776

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