$589,000
$589,000
For more information regarding the value of a property, please contact us for a free consultation.
1026 18TH ST NE Washington, DC 20002
4 Beds
2 Baths
2,059 SqFt
Key Details
Sold Price $589,000
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,059 sqft
Price per Sqft $286
Subdivision Trinidad
MLS Listing ID DCDC494536
Sold Date 12/31/20
Style Federal
Bedrooms 4
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,548
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $3,959
Tax Year 2020
Lot Size 1,672 Sqft
Acres 0.04
Property Description
ISO of Multi-Family/Condo developer to purchase Trinidad Investment opportunity. This semi-detached rowhome has the option to be turned into 4 units by right based on its zoning. Check disclosures for the yield study that the seller had done by his architects to develop the building into a multi-unit with four 2-BR/1-BA condos. Below are some numbers that will be helpful for analysis. The Floor Area Ratio for RA-2 By Right (includes cellar/penthouse/building) is 2.456 The Lot Area is 1634 The Gross Construction Area (GCA) by Right is 4,013 The Net Rentable Area is 3,247 Based on the square footage of each unit per the drawings below (yield study), at an estimated sales price based on $550/sf, the sales price for units would be as follows: Unit 1 (884 sf): $486,000 Unit 2 (819 sf): $445,500 Unit 3 (744 sf): $410,000 Unit 4 (800 sf): $440,000
Location
State DC
County Washington
Zoning RA-2
Rooms
Basement Partially Finished
Main Level Bedrooms 2
Interior
Hot Water Electric
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Sewer Public Sewer
Water Public
Architectural Style Federal
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Senior Community No
Tax ID 4474//0137
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Gulnaz Abdullina • BUYSELLDC