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$4,000,000

Est. payment - /mo

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7,500 SqFt

Active

1140-1142 17TH ST NE Washington, DC 20002

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Gary Pallay

gary@thepallayteam.com +1(908) 698-1053

UPDATED:

10/06/2024 01:04 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $533

Subdivision Trinidad

MLS Listing ID DCDC2128304

Style Colonial

Abv Grd Liv Area 7,500

Originating Board BRIGHT

Year Built 1936

Annual Tax Amount $5,383

Tax Year 2023

Lot Size 2,021 Sqft

Acres 0.05

Property Description

Calling all investors for this 6 TH-style units in a brand new building with views of the Wash Monument and the Capitol! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 6-unit residence to the mix. The Dezy Condominiums has an expansive rooftop with 360 degree views of DC’s skyline for the penthouse units. There is a clear shot of the Capital from the all six units and spectacular sunsets. In addition, each unit has its own private outdoor space, 3 bedrooms and 2.5 baths over two floors. Each unit has a spacious, open concept living & dining area which is graced by an oversized picture window at each end of the home that offers ample natural light throughout the main level. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic L-shaped kitchen has quartz countertops, matching backsplash, white shaker cabinetry with black metal hardware, an oversized island with storage and an 7.5ft wide deep pantry. The brand-new SS appliances offer functionality and style. All the bedrooms have morning or sunset views and are on the same floor as the laundry. Both full baths have spa-like features and feel. Full-size washer and dryer in every unit. The secured 6-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while the unit has a smart home security system installed. These SIX condos run from 1640-1800 sq ft each. Within walking distance to H Street Corridor, Aldi, Safeway and the Arboretum. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come. . Average rentals for each unit currently goes for $3800-4000/mo. When renting out the 6 units, that's roughly a 6.825% cap rate!

Location

State DC

County Washington

Zoning RES

Rooms

Basement Outside Entrance

Interior

Hot Water Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Patio(s), Balcony

Garage Spaces 6.0

Waterfront N

Water Access N

Accessibility None

Porch Patio(s), Balcony

Parking Type Parking Lot

Total Parking Spaces 6

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade

New Construction Y

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4472//0087

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Negotiable, Other

Listing Terms Cash, Negotiable, Other

Financing Cash,Negotiable,Other

Special Listing Condition Standard

Listed by Bianca L Reyes • I-Agent Realty Incorporated

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Gary Pallay

Sales Associate

+1(908) 698-1053

Gary Pallay

1140-1142 17TH ST NE Washington, DC 20002

Gary Pallay

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1140-1142 17TH ST NE