Discover an incredible investment opportunity with this property offering significant potential. The existing home spans 5,000 sq ft and includes 5 bedrooms and 2 bathrooms. It is a blank canvas, needing a full rehab down to the studs. An added bonus is the garage, which has the potential to be converted into an Accessory Dwelling Unit (ADU). The property sits on four plots totaling 14,300 sq ft, providing ample space for various development options. Investment Opportunities: Rehab & Convert: Rehab the current home and convert the garage into an ADU. Rehab quotes are estimated at $250,000, with an After Repair Value (ARV) of approximately $1.5 million. New Construction: Alternatively, you can build 2-3 duplexes on the land, with each unit having a resale value of around $950,000. Legal and contractor consultations have already been completed, and an architect and contractor are ready to start the project. This property offers a unique chance to maximize your return on investment through either rehabilitation or new construction. Don’t miss out on this exceptional opportunity!
For sale
Price cut: $40K (7/14)
$650,000
3001 Channing St NE, Washington, DC 20018
5beds
7,000sqft
Est.:
Single Family Residence
Built in 1925
0.33 Acres Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
- 191 days
- on Zillow |
- 509 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 11:49pm
Listed by:
Mr. Tom S Hennerty 703-581-8605,
NetRealtyNow.com, LLC
Source: Bright MLS,MLS#: DCDC2184608

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Basement
- Area: 3635
Heating
- None
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 8,635
- Total interior livable area: 7,000 sqft
- Finished area above ground: 5,000
- Finished area below ground: 2,000
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 0.33 Acres
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 4360//0808
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Other
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Woodridge
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $605,940
- Annual tax amount: $3,271
- Date on market: 2/10/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
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