tomo logo

$1,250,000

Beds
6
Baths
3.0
sq ft
2,930

3007 11th St NW, Washington, DC 20001

3007 11th St NW

WASHINGTON, DC 20001

  • 29 days on market
Exceptional Investment Opportunity in Columbia Heights Discover a rare opportunity to own a fully renovated multi-unit property in the heart of Columbia Heights. Currently configured as two rental units and a third for an owner occupant with the potential to be converted into three rental units, this versatile property is perfect for an owner-occupant looking to generate rental income or an investor seeking a prime asset in a high-demand location. Each unit features two bedrooms and one bathroom, with modern upgrades throughout, including brand-new kitchens, HVAC systems, windows, and contemporary finishes. With a Walk Score of 93, residents enjoy unparalleled convenience to top dining, shopping, and Metro access. Columbia Heights blends historic charm with urban energy, attracting creatives, international professionals, and outdoor enthusiasts. Its dense, vibrant community supports diverse restaurants, bars, and cultural landmarks This property provides immediate income potential, with the flexibility to expand and maximize returns. Currently 2 units are leased for $5,700 per month. An owner occupant could continue to rent out the two units, or an investor could combine the upper two units to one to increase rental potential or they could petition the city to approve a three unit to rent out the upper floor. Whether you choose to live in one unit and rent out the others or fully lease the building, this is an exceptional opportunity in one of D.C.'s most vibrant neighborhoods. Don't miss your chance to own this turnkey investment with incredible potential!

Details

Property type

Townhouse

Est. home value

$973,581

Lot size

1,358 sq ft

Price per sq ft

$427

Year built

1907

Annual property taxes

$5,867

HOA

No

Price History

02/03/2025
Bright

Bright #DCDC2183516

Listed
$1,250,000
+31.58%
02/27/2023
Bright

Bright #DCDC2080256

Sold
$950,000

Schools & Community

Neighborhood: 

Columbia Heights

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

Caliber Home Loans Inc

Loan start date

February 2023

Original loan amount

$807,500

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

Purchase Money Mortgage

Seller

Felix Koskey

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: 03/04/2025 at 6:05 AM

Listing updated: 02/11/2025 at 12:20 PM

Listed by: Steve Withrow, Compass Phone #: (301) 304-8444

MLS: Bright #DCDC2183516

Bright logo