Active

1500 Oates St NE

Washington DC, 20002

$1,250,000


$347.03 per sqft

Active

3 Beds

3,602 sqft

Multi-family

Built in 1938

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.

DCDC2137458

MLS ID

May 2, 2024

Listed

September 17, 2024

Updated

Map

1500 Oates St NE
Washington DC, 20002

Interior Features

Bedrooms

3


Appliances

Refrigerator, Cooktop, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Architectual Style

Traditional, Unit/Flat


Sewer

Public Sewer

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes

$1,645


Tax Frequency

Annually


Days on Market

128


Garage

No


Parking

Off Street, Detached


Parking Total

1


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listing History

Date

Event

Price

7/18/2024

Price change

$1,250,000

-17%

5/2/2024

Active

Listed by Lorence C Ottley, with Sellstate Dominion Realty
Listing Contact: 3017920362 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/17/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/17/2024 at 9:32 PM UTC

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