438 19Th Street NE

  • $$1,499,900
  • Address:

    438 19Th Street NE
    Washington, District Of Columbia 20002

  • Sq Ft: 6,428
  • Lot Sq Ft: 0.060 acres
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Description

Price improvement of $200,000!! Seller motivated so bring all offers. Welcome to this fantastic investment opportunity. This is a perfect first time investment. The first unit is a single family home with 5 bedrooms and 2 bathrooms. The huge corner property includes 8 bedrooms and 2 bathrooms. This sale includes both properties. They are fully self contained and each unit has it’s own HVAC and hot water heaters. It is separately metered for electric. Currently 100% leased out to Section 8 tenants. Here is your opportunity to own an investment property in an up and coming area with a ton of construction going on!

Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued. Leases, CofO and P&L avialble within the study period.

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Listing Details

Price:$$1,499,900
Address:438 19Th Street NE
City:Washington
State:District Of Columbia
Zip Code:20002
Subdivision:OLD CITY #1
MLS:DCDC2064434
Year Built:1939
Square Feet:6,428
Acres:0.060
Lot Square Feet:0.060 acres
accessibilityFeatures:None
appliances:Built-In Microwave, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater
architecturalStyle:Federal
automaticallyUpdateTaxValuesYN:yes
basementYN:no
buildingUnitsTotal:2
buyerAgencyComp:2.5
buyerAgencyCompType:% Of Gross
capRate:4.9
centralAirYN:yes
constructionMaterials:Brick
coolingFuel:Electric
coolingType:Central A/C, Heat Pump(s)
country:US
dom:10
existingLeaseType:Yearly
fireplaceYN:no
foundationDetails:Block
garageYN:no
grossIncome:174108
heatingFuel:Central, Electric
heatingType:Central, Heat Pump - Electric BackUp
heatingYN:yes
hotWater:Electric
inCityLimitsYN:yes
livingAreaSqftSource:Estimated
lotSizeSource:Assessor
lotSizeUnits:Square Feet
lotSqFt:2728
navigableWaterYN:no
netOperatingIncome:131585
newConstructionYN:no
operatingExpense:42523
operatingExpenseIncludes:Advertising, Insurance, Snow Removal
otherStructures:Above Grade, Below Grade
otherUnits:Unit 1,Unit 2
ownershipInterest:Fee Simple
pool:No Pool
possession:31-60 Days CD, Subject to Existing Lease
propertyCondition:Very Good
propertySubType:Duplex
rentControlYN:no
riparianRightsYN:no
saleType:Standard
schoolDistrictName:DISTRICT OF COLUMBIA PUBLIC SCHOOLS
schoolDistrictSource:Listing Agent
sewerSeptic:Public Sewer
soilTypes:Urban Land-Sassafras-Chillum
taxAnnualAmount:4655
taxAssessedValue:574300
taxYear:2021
tidalWaterYN:no
totalBelowGradeSqft:1628
totalBelowGradeSqftSource:Estimated
totalSqft:6428
totalSqftSource:Estimated
transportation:Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
typeOfParking:On Street
vacationRentalYN:no
waterAccessYN:no
waterOrientedYN:no
waterSource:Public
waterViewYN:no
waterfrontYN:no
windowFeatures:Double Pane
yearAssessed:2021
yearBuiltSource:Assessor
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