Washington, DC 20002,1500 OATES ST NE
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Washington, DC 20002,1500 OATES ST NE
Washington, DC 20002,1500 OATES ST NE
Washington, DC 20002,1500 OATES ST NE
Washington, DC 20002,1500 OATES ST NE
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$ 900,000
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Price Dropped by $350K

1500 OATES ST NE Washington, DC 20002

3,602 SqFt


UPDATED:

10/17/2024 02:07 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,602 sqft

Price per Sqft $249

Subdivision Trinidad

MLS Listing ID DCDC2137458

Style Traditional,Unit/Flat

Abv Grd Liv Area 3,602

Originating Board BRIGHT

Year Built 1938

Annual Tax Amount $1,645

Tax Year 2022

Lot Size 5,312 Sqft

Acres 0.12

Lot Dimensions 5,312

Property Description

WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!!

Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units.

Either way, you win! Sooooo many options.
This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all
AN AWESOME LOCATION, LOCATION, LOCATION!!!

***Showing will be by Appointment only, with the Listing agent.*****


As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases.
This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more.

I look forward to the excitement on your face, once you see this place!

No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!!

Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!!

Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.

Location

State DC

County Washington

Zoning UNKNOWN

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Central A/C

Equipment Dryer - Electric, Refrigerator, Stove, Washer

Appliance Dryer - Electric, Refrigerator, Stove, Washer

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s)

Garage Spaces 1.0

Carport Spaces 1

Waterfront N

Water Access N

Accessibility None

Porch Patio(s)

Parking Type Driveway, Detached Carport, Off Street

Total Parking Spaces 1

Garage N

Building

Foundation Other, Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional, Unit/Flat

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4075//0171

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Lorence C Ottley • Sellstate Dominion Realty

Cory Mayo

Agent | RS-0025915

+1(302) 466-5511

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