$1,079,000
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521 17th Street NE Washington, DC 20002
Fourplex
Residence
Beds
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This exceptional four-unit investment property, offering 1 bedroom and 1 bathroom units each with its own parking space, is back on the market with fresh updates and tremendous income potential. All systems well-maintained by a property manager and can be delivered vacant, this property is ideal for... owner-occupants, investors, or developers alike. Situated in a prime location, this property is positioned for appreciation and increased rental demand. With a prior appraisal of $1.4M and potential rental income up to $2,400 per unit, the investment prospects and income potential are outstanding. Each unit features stainless steel appliances, jacuzzi tubs, hardwood floors, modern washer/dryer combo units and a dedicated parking space. Situated just 3 blocks from the vibrant H Street Entertainment Corridor, the property is also conveniently located near Amtrak Union Station, Capitol Hill, Whole Foods, Metro, and shopping. Additionally, it sits across the street from a beautifully renovated multi-million-dollar recreation center with a pool, exercise room, athletic field, playground, and library. Boasting a prime corner lot location with parking, a substantial land survey, and excellent income potential, this property is a rare opportunity. Don’t miss your chance to own a lucrative investment in one of Northeast D.C.’s most sought after neighborhoods!
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MLS#
DCDC2170542
Property Type
Fourplex
Year Built
1950
Price per Sq. Ft.
$484.29
Lot Size
0.05
Sewer
Public Sewer
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