tomo logo

$750,000

Beds
8
Baths
3.0
sq ft
1,827

847 48th St NE, Washington, DC 20019

847 48th St NE

WASHINGTON, DC 20019

  • 3 days on market
Welcome to 847 48th St NE, Washington, DC 20019! This exceptional property offers a fantastic opportunity for both investors and owner-occupants. The first unit boasts 5 bedrooms and 2 bathrooms, while the second unit features 3 bedrooms and 1 bathroom, each with its own private entrance and dedicated driveway parking. This versatile property presents excellent rental income potential. Recent updates throughout both units enhance their appeal, and the convenience of in-unit washer/dryer adds a modern touch. Don’t miss out on this unique chance to invest in a well-maintained property that perfectly balances comfort and income potential!

Details

Property type

Townhouse

Lot size

2,140 sq ft

Price per sq ft

$411

Year built

1952

Annual property taxes

$3,578

HOA

No

Price History

11/05/2024
Bright

Bright #DCDC2163780

Listed
$750,000
+0.01%
09/03/2024
Bright

Bright #DCDC2154166

Removed
$749,900
08/30/2024
Bright

Bright #DCDC2154166

Listed
$749,900
-2.61%

Schools & Community

Neighborhood: 

Deanwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

WOODSON

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

Mainstreet Bank

Loan start date

June 2023

Original loan amount

$774,000

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Credit Line (Revolving)

Seller

847 48Th St Llc

Lender

Twh Investments Llc

Loan start date

June 2023

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Purchase Money Mortgage, 1 year

Seller

847 48Th St Llc

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: 11/08/2024 at 8:50 AM

Listing updated: 11/05/2024 at 3:19 PM

Listed by: Sam Nassar, Compass Phone #: (703) 310-6111

MLS: Bright #DCDC2163780

Bright logo

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