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1850 Capitol Avenue NE

WASHINGTON, DC 20002
  • $1,200,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: DCDC2077020
UPDATED: 44 min ago
$1,200,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,184
    SQFT
  • $1,014
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Description

Shovel-ready investment opportunity! This is a 4 unit project located at 1850 Capitol Ave NE & 1810 Central Place NE (plans are sold together). 1850 Capitol Ave NE is a rowhome that will be converted into 2 units and 1810 Central Place NE is a vacant lot directly beside it that will be turned into a 2 unit building. Each unit will be very spacious with 2000 SF and 4+ bedrooms. These are corner lots plus parking is available. The plans and permits will convey fully with sale, and the property will be delivered shovel ready. The estimated outsale is $3.1M+ with condos projected to sell for $400-$500 per square foot upon completion. Nestled right between Ivy City and Trinidad, this is the perfect location with a mix of dining, retail, and entertainment options all around and with several upcoming restaurants currently under construction. Minutes to Target, Planet Fitness, MOMs Organic Grocery and easy access to H St Corridor, Union Market, the Arboretum and NOMA Metro station. This is a fantastic investment! Please see the Offering Memorandum & floor plans in the documents section.

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©2023 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 Dart Homes | Long & Foster. 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: 2023-02-03T23:51:46.3.
www.darthomes.com/homes/135247980
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1850 Capitol Avenue NE WASHINGTON, DC 20002

  • Price: $1,200,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 44 min ago
  • ID#: DCDC2077020
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1,184
SQFT
$1,014
$/SQFT
1938
Built
Neighborhood:
Ivy City
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Shovel-ready investment opportunity! This is a 4 unit project located at 1850 Capitol Ave NE & 1810 Central Place NE (plans are sold together). 1850 Capitol Ave NE is a rowhome that will be converted into 2 units and 1810 Central Place NE is a vacant lot directly beside it that will be turned into a 2 unit building. Each unit will be very spacious with 2000 SF and 4+ bedrooms. These are corner lots plus parking is available. The plans and permits will convey fully with sale, and the property will be delivered shovel ready. The estimated outsale is $3.1M+ with condos projected to sell for $400-$500 per square foot upon completion. Nestled right between Ivy City and Trinidad, this is the perfect location with a mix of dining, retail, and entertainment options all around and with several upcoming restaurants currently under construction. Minutes to Target, Planet Fitness, MOMs Organic Grocery and easy access to H St Corridor, Union Market, the Arboretum and NOMA Metro station. This is a fantastic investment! Please see the Offering Memorandum & floor plans in the documents section.
Exterior Features

Architectural Style Traditional Construction Materials Other Garage YN No Other Structures Above GradeBelow Grade Parking Types Other Pool No Pool Riparian Rights YN No Soil Types Chillum-Urban Land Complex Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1184 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Fireplaces Total 0 Heating Other Heating YN Yes Single Room Units 0 Three Bedroom Units 4 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel Other Foundation Details Other Heating Fuel Other Hot Water Other Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802045462734 Ownership Interest Fee Simple Possession Settlement Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 720.00 Tax Assessment Amount 400270.00 Tax Lot 48 Vacation Rental YN No Water Source Public Zoning Rf-1

Listing courtesy of Optime Realty: .


©2023 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 Dart Homes | Long & Foster. 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: 2023-02-03T23:51:46.3.
 
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