1418 NEWTON ST NW, WASHINGTON, DC 20010 (MLS # DCDC490372)

Price $1,210,000
Status Active
Beds 0
Baths 0 Bath
Home size 2,716 sqft
Lot Size 1,743 sqft
Days on Market 109
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.
Property Type(s): Multi Family
Last Updated 10/5/2020 Year Built 1920



Additional Details

AIR Ceiling Fan(s), Central A/C, Window Unit(s)
BASEMENT Fully Finished, Rear Entrance, Yes
GARAGE Brick Driveway, Concrete Driveway, Parking Space Conveys
HEAT Other, Radiator
LOT 1742 sq ft
SEWER Public Sewer,Other
TAXES 7325.00
UTILITIES Cable TV,Phone Available
WATER Public



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