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$950,000
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Property Description
NEW AND IMPROVED PRICE!!!What an exciting opportunity for investors in the vibrant Brookland community! Condo Conversion Potential: With enough space to expand upwards and create parking, this property offers investors the possibility of a lucrative condo conversion project. This could add significant value to the property and attract buyers looking for individual units in the popular Brookland area. Owner-Occupied Tenants: Having owner-occupied tenants living in one unit while renting out the other three provides stability and potential income streams for investors. This mixed-use of the property maximizes its earning potential while also ensuring some level of oversight and care for the units. The property's location in the Brookland community offers residents access to a variety of amenities and attractions. From the 8th St. Arts Walk and Dance Place to popular spots like Brookland Pint and the Metropolitan Branch Trail, there's plenty to explore and enjoy nearby. Additionally, being close to Catholic University and Brookland Metro makes commuting and accessing educational institutions convenient. Bike-Friendly Environment: The presence of bike-friendly streets in the area adds to the appeal for residents who prefer alternative modes of transportation. This aligns with the community's focus on sustainability and active living. Overall, this property presents an excellent investment opportunity in a desirable and growing neighborhood. With its potential for condo conversion, mixed-use tenancy, and proximity to amenities and transportation, it's sure to attract investors looking to capitalize on the dynamic Brookland market.
Full Property Details
Full Property Details for 2920 8th St NE
General
- Sold For: $950,000
- Taxes: $3,527 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2148800
- Added to Site: 178 day(s) ago
Rental Information
- Rent Control: Yes
Interior
- Interior Features: Floor Plan - Traditional
- Appliances: Refrigerator, Stove
- Flooring: Ceramic Tile, Hardwood, Laminated
Additional Information
- Security/Safety: Smoke Detector, Carbon Monoxide Detector(s)
Parking
- Parking Type: On Street, Alley
Location
- County: Washington
- Development Name: Brookland
- Subdivision: Brookland
- Cross Streets: Michigan Ave NE
- Driving Directions: Michigan Ave to 8th
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Walls/Ceilings: Plaster Walls, Dry Wall
- Stories/Levels: 0
- Square Feet: 3,152
- Sq. Ft. Source: Assessor
- Living Area: 3,152 Sq. Ft.
- Year Built: 1941
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- 1 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,864
- Lot Size Source: Assessor
- Lot Features: Corner, Rear Yard
- Zoning: R-01
- Lot Description: Corner, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $301.4
- City/TownTax: $829,000
- City/TownTax Freq: Annually
- Tax w/Assessment: $829,000
- Tax Amount: $3,527
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed by Long & Foster Real Estate, Inc., Tanya L Slade
Sold by Compass, Desiree A Hargett
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Schools
Schools serving 2920 8th St NE
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2725 10th St Ne, Washington, DC 20018 | PK-5 | 0.2 mi | |
1150 Michigan Ave Ne, Washington, DC 20017 | 6-8 | 0.8 mi | |
101 N St Nw, Washington, DC 20001 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2920 8th St NE
Date
Details
Price
Change
Source
7/31/2024
Sold
$950,000
—
MLS
7/02/2024
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2920 8th Street NE, Washington, DC 20017 (MLS# DCDC2148800) is a Multi-Family property that was sold at $950,000 on July 31, 2024. Want to learn more about 2920 8th Street NE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.