1833 M STREET NE

WASHINGTON, DC, 20002

$1,169,999

$346 per ft²
$1,169,999
$346 per ft²
Active
Active
 - For Sale
beds
8 Beds
baths
4 Baths
carpenters-square
3,374 ft²
property_type
Townhouse
calendar
Built 1941
***Assumable VA rate of 2.625%*** Welcome home to 1833 M Street NE, this property provides a great opportunity for anyone looking to invest in real estate or generate rental income. A federal-styled colonial 2- Unit Townhouse with lots of updated features and a gorgeous Open floor plan is breathtaking! The fact that one unit is already tenant-occupied and generating income is a plus, and the potential for generating even more income with rental rates in the neighborhood ranging from $3200-$4900 is definitely a testament to the vibrancy of this well-situated property. The recent updates to the property, including the newly updated kitchen ( 2021 ), plumbing, and bathrooms ( 2022 ), as well as the new floors (2021 ), railings, and HVAC overhaul ( 2021 ), washer & dryer (2022 ), Fencing (2022 ), private parking in the back for 4 vehicles, Windows and New Doors ( 2022 ) add significant value to the property and provide a modern and updated feel to both the units. The property's location in the Vibrant Northeast quadrant of the city positions 1833 M street as one of the best locations close to downtown DC living without necessarily the hustle and bustle of downtown life while still providing great proximity to many shops, restaurants, and cultural attractions including the Smithsonian National Postal Museum, Union Market, and the U.S. Capitol, also adding to its appeal. . Additionally, the fact that the property includes solar panels which can help save on monthly utility bills and make the property more attractive to environmentally-conscious buyers and tenants alike. The Panels are NOT Leased so utility bills are extremely low! 1833 M Street offers flexibility and options for income-producing opportunities, whether it's for long or short-term rentals, making it an attractive investment. Additionally, with current market valuations and comps conservatively in excess of $1.35 million, this property is definitely a GEM! Imagine, making your home in either of the units and renting the other unit out with the goal of offsetting your mortgage. ***Assumable VA rate of 2.625%***
MLS® ID:
DCDC2048224
Updated:
3/30/23
TTR Sotheby’s International Realty®️
Mike Sheridan

Interior Features

Kitchen Appliances
Built-In Microwave, Disposal, Exhaust Fan, Icemaker, Refrigerator, Stainless Steel Appliances, Stove
Total Bedrooms
8
Full Bathrooms
3
Half Bathrooms
1
Interior Features
Combination Dining/Living, Entry Level Bedroom, Floor Plan - Open, Combination Kitchen/Living, Wood Floors
Floor Description
Hardwood
Cooling
Central A/C
Heating
Forced Air

Exterior/Building Features

Lot Size
2,714 ft² lot
Exterior Features
Above Grade, Below Grade
Architectural Style
Traditional
Roof
Shingle
Sewer
Public Sewer

School Information

School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes
$7247.00
Tax Frequency
per YEAR
Garage
No
Parking
Parking Space Conveys, Paved Parking, Private
View
N
County
WASHINGTON
Utilities
Sewer Available, Natural Gas Available, Electric Available, Cable TV
Water Source
Public
Pool
No
Zoning
R
Sub Agency Compensation
0
Buyer Agency Compensation
2.5

Property History

Date
Event
Price
Value
10/7/22
Price Change
$1,200,000
-5%

Courtesy of EXP Realty, LLC, JIMMY OKUNOLA

Listing Contact:  

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Data last updated 10:53 PM UTC, 3/30/23

TTR Sotheby’s International Realty®️
Mike Sheridan
Contact