1418 Newton St Nw, WASHINGTON, 20010

Multi-Family - Other, Other For Sale

$1,210,000

Beds
Baths
2,716Sqft
.04Acres
1920Built
154DOM
MLS® #: DCDC490372
Active, 154 Days on Market

SUPERB LOCATION!!! Investors dream!!!! 3 unit apartment building featuring 2 one bedroom apartments and 1 two bedroom duplex. The building has been updated and has a great rental income. The property rents immediately upon advertising it due to its excellent location and accessibility to Downtown, Major transportation routes , Rock creek parkway. Located 2 blocks away from the Columbia heights metro and one block from the shopping area of Columbia heights including, target, safeway, best buy, restaurants, shops, banks, gym, dry cleaners, entertainment and everything needed. Within walking distance to U st and the popular 14th st area where all the heavily frequented restaurants and bars are. The property is fully licensed to operate as a 3 unit rental and is ready to go for the next owner, property is not under rent control. the property can be sold vacant. Excellent opportunity for developers since the property zoning is R4 which is very rare in this area due to zoning law changes ( not many R4s in this area). Property has been remodeled and collects high rents since its rent control exempt. The property has two parking spaces which create additional revenue that convey with the sale of the property. Parking is highly sought in this area.

Share this Listing

Essential Information

MLS® #: DCDC490372
Price: $1,210,000
Condo Coop Fee: $0
Bathrooms: 0.00
Square Footage: 2,716
Acres: 0.04
Year Built: 1920
Type: Multi-Family
Sub-Type: Other, Other
Style: Other
Status: Active
Taxes: $7,325
Tax Year: 2020

Community Information

Address: 1418 Newton St Nw
County: WASHINGTON-DC
State: DC
Zip Code: 20010

Amenities

Utilities: Cable TV, Phone Available
Parking: Brick Driveway, Concrete Driveway, Prk Space Cnvys

Interior

Heating: Radiator, Other
Cooling: Ceiling Fan(s), Central A/C, Window Unit(s)
Has Basement: Yes
Basement: Fully Finished, Rear Entrance

Exterior

Exterior: Brick and Siding
Exterior Features: Other
Roof: Unknown

School Information

District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Listing Office: XRealty.NET LLC
Date Listed: October 5th, 2020
Days on Market: 154
Zoning: R4

Financials

$/SqFt: $446

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than TTR Sotheby's International Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2021.

Listing information last updated on March 7th, 2021 at 4:45am EST.