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4250 Edson Place NE

WASHINGTON, DC 20019
  • $499,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: DCDC2004404
UPDATED: 39 min ago
$499,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,598
    SQFT
  • $312
    $/SQFT
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

Rarely Available multi-family property with 3 bedroom units located in the highly coveted opportunity zone of Deanwood.This would make a perfect addition to your rental portfolio, or perhaps for the savvy homeowner looking to live in one unit and rent the other. Property is zoned for up to 4 units with the possibility to add a unit both above and below in the partially dug out basement. Currently rented at a gross rent of $3975 with the option to convert Unit 1 into a three bedroom unit, this property currently performs at a 6 cap without factoring in the development opportunities. Get in on the redevelopment of Deanwood blocks away from the 63 unit mixed use development on Eastern Ave and the 86 unit renovation of retail and residential units at the Strand Theater breaking ground this year. Come see this opportunity before it's too late!

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T09:51:07.43.
www.locomusings.com/homes/119243035
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4250 Edson Place NE WASHINGTON, DC 20019

  • Price: $499,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 39 min ago
  • ID#: DCDC2004404
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1,598
SQFT
$312
$/SQFT
1941
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Rarely Available multi-family property with 3 bedroom units located in the highly coveted opportunity zone of Deanwood.This would make a perfect addition to your rental portfolio, or perhaps for the savvy homeowner looking to live in one unit and rent the other. Property is zoned for up to 4 units with the possibility to add a unit both above and below in the partially dug out basement. Currently rented at a gross rent of $3975 with the option to convert Unit 1 into a three bedroom unit, this property currently performs at a 6 cap without factoring in the development opportunities. Get in on the redevelopment of Deanwood blocks away from the 63 unit mixed use development on Eastern Ave and the 86 unit renovation of retail and residential units at the Strand Theater breaking ground this year. Come see this opportunity before it's too late!
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1598 Below Grade Finished Area 0 Below Grade Unfinished Area 595 Cooling Central A/C Fireplaces Total 0 Heating Forced AirRadiator Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 800849435788 Ownership Interest Fee Simple Possession Settlement Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 2283.00 Tax Assessment Amount 329060.00 Tax Lot 29 Vacation Rental YN No Water Source Public Zoning Residential

Listing courtesy of Fairfax Realty Of Tysons.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T09:51:07.43.
 
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