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Sold for $1,335,000 on 11/13/24
  • $1,335,000

    612 Newton Pl NW, Washington, DC 20010

    8beds
    --baths
    2,904sqft
    Quadruplex
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $460/sqft
    $6,129 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $6,129/mo

    Zestimate® history
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    What's special

    Introducing a prime investment opportunity (with an assumable mortgage at 3.75% and loan balance of $1,026,397.) nestled in the vibrant community of Columbia Heights. This 4-unit building, listed at $1,399,900, presents an enticing prospect for savvy investors seeking immediate returns. Boasting a convenient location near the Georgia Ave- Petworth metro station and a plethora of amenities, this property is an attractive choice for both tenants and investors alike. Each unit features 2 bed(s)/1 ba, updated appliances inclusive of an in-unit washer dryer combo, and a private patio, offering residents the utmost convenience. What sets this investment apart is its stable tenancy arrangement. The property is leased with a voucher subsidy program, ensuring consistent rental income. Additionally, all tenants are on month-to-month leases, providing flexibility for new ownership. T-12 available upon request. Generating over $11,000/mo in rental income, this property promises a strong return on investment. Its desirable amenities and strategic location make it a standout choice in Columbia Heights' competitive real estate market. Don't miss out on this exceptional opportunity to own a profitable investment property in one of Washington, D.C.'s most sought-after neighborhoods. Schedule a showing today to explore the potential of this remarkable 4-unit building. T-12 available upon request. Photos are from prior sale. All units are currently occupied.

    Zillow last checked: 12 hours ago

    Listing updated: September 19, 2024 at 02:32pm

    Listed by:

    Taelor Salmon 240-447-0711,

    Coldwell Banker Realty - Washington

    Bought with:

    Andre Margutti, 630206

    Redfin Corp

    Source: Bright MLS,MLS#: DCDC2134038MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Refrigerator, Washer, Gas Water Heater
    Features
    • Breakfast Area, Combination Kitchen/Living, Combination Dining/Living, Open Floorplan, Flat, Formal/Separate Dining Room
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 2,904
    • Total interior livable area: 2,904 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Doors
    Features
    • Pool features: None
    Lot
    • Size: 2,765 sqft
    • Features: Chillum-Urban Land Complex
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3038//0827
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    Materials
    • Brick
    Condition
    • Good
    • New construction: No
    • Year built: 1931
    • Major remodel year: 2017

    Utilities & green energy

    • Sewer: Approved System
    • Water: Community, Private, Public

    Community & neighborhood

    Location
    • Region: Washington

    HOA & financial

    Other financial information
    • Total actual rent: 138264

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Income includes: Apartment Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/13/2024Sold$1,335,000$460/sqft
    Source: Public Record
    9/2/2024Sold$1,335,000-2.9%$460/sqft
    Source: Bright MLS #DCDC2134038
    7/11/2024Contingent$1,374,900$473/sqft
    Source: Bright MLS #DCDC2134038
    6/21/2024Price change$1,374,900-1.8%$473/sqft
    Source: Bright MLS #DCDC2134038
    5/9/2024Listed for sale$1,399,900$482/sqft
    Source: Bright MLS #DCDC2134038

    Public tax history

    YearProperty taxesTax assessment
    2025$10,354 +0.2%$1,218,060 +0.2%
    2024$10,333 +1.6%$1,215,660 +1.6%
    2023$10,167 +7.5%$1,196,080 +7.5%

    Find assessor info on the county website

    Neighborhood: Park View

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: District Of Columbia Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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