1116 K Street SE

    WASHINGTON, DC 20003
    • $1,079,000
    • STATUS: Closed
    • ON SITE: 91 days
    • ID#: DCDC454084
    Sold - 03/27/2020
    $1,079,000
    SOLD - 03/27/2020
    • 6
      BEDS
    • 0.04
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    • 3,696
      SQFT
    • $292
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    2008
    County:

    School Ratings & Info

    Description

    Great investment opportunity for an INVESTOR looking to purchase a two-unit property, or for a PRIMARY RESIDENT who would like to move into the upstairs and rent out the basement ($1650) or move into the basement and rent out the upper unit ($5k) to cover the mortgage. Current gross rents are $6,650 per month.Current leases: Upstairs: $5,000 per month, lease expires 31 May 2020; Downstairs: $1,650 per month, lease expires 31 May 2021. (After minor renovations the basement could be rented to a voucher tenant at $2600 adding another $1k to the cash flow.) Size: Upstairs: 4 bedrooms, 3.5 baths, 4 levels, 2,772 sq ft; Downstairs: 2 bedroom, 2 baths, 1 level, 920 sq ft. Features: Upstairs: one parking spot, spacious bedrooms and closets, one balcony, 20 ft ceiling on first floor, large windows in every room, back patio; Downstairs: high ceilings, granite countertops, stainless steel appliances, and an in-unit washer/dryer. Location: Perfectly situated among Eastern Market, Barracks Row, Navy Yard and Jenkins Row. Just a five minute walk to Barracks row (8th Street SE), Eastern Market, and all of the fantastic has shops, bars, and restaurants that the area has to offer. Medium Rare, Cava Mezze, Lavagna, Matchbox, and Rose's Luxury are just a few of our favorites. Eastern Market itself is about 6 minutes away. The brand new Harris Teeter at Jenkins Row is three blocks away in the other direction. Metro is close with the Potomac Ave only about 4 blocks and Eastern Market about 6 blocks away. The house is also convenient for getting in and out of the city. The ramps to 295, 395 and 695 are all 3 blocks away.Please note: Photos are of the property vacant. It is currently occupied by tenants. By appointment only.

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    ©2020 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 RE/MAX One. 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: 2020-04-07T14:50:55.08.
    www.radianthomegroup.com/homes/102059580

    1116 K Street SE WASHINGTON, DC 20003

    • Price: $1,099,900
    • Status: Closed
    • Updated: 57 min ago
    • ID#: DCDC454084
    6
    Beds
    4
    Baths
    1
    ½ Baths
    0.04
    Acres
    3,696
    SQFT
    $292
    $/SQFT
    2008
    Built
    Neighborhood:
    Navy Yard
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    Property Description
    Great investment opportunity for an INVESTOR looking to purchase a two-unit property, or for a PRIMARY RESIDENT who would like to move into the upstairs and rent out the basement ($1650) or move into the basement and rent out the upper unit ($5k) to cover the mortgage. Current gross rents are $6,650 per month.Current leases: Upstairs: $5,000 per month, lease expires 31 May 2020; Downstairs: $1,650 per month, lease expires 31 May 2021. (After minor renovations the basement could be rented to a voucher tenant at $2600 adding another $1k to the cash flow.) Size: Upstairs: 4 bedrooms, 3.5 baths, 4 levels, 2,772 sq ft; Downstairs: 2 bedroom, 2 baths, 1 level, 920 sq ft. Features: Upstairs: one parking spot, spacious bedrooms and closets, one balcony, 20 ft ceiling on first floor, large windows in every room, back patio; Downstairs: high ceilings, granite countertops, stainless steel appliances, and an in-unit washer/dryer. Location: Perfectly situated among Eastern Market, Barracks Row, Navy Yard and Jenkins Row. Just a five minute walk to Barracks row (8th Street SE), Eastern Market, and all of the fantastic has shops, bars, and restaurants that the area has to offer. Medium Rare, Cava Mezze, Lavagna, Matchbox, and Rose's Luxury are just a few of our favorites. Eastern Market itself is about 6 minutes away. The brand new Harris Teeter at Jenkins Row is three blocks away in the other direction. Metro is close with the Potomac Ave only about 4 blocks and Eastern Market about 6 blocks away. The house is also convenient for getting in and out of the city. The ramps to 295, 395 and 695 are all 3 blocks away.Please note: Photos are of the property vacant. It is currently occupied by tenants. By appointment only.
    Exterior Features

    Architectural Style Federal Construction Materials Brick Front Direction Faces South Garage YN No Other Structures Above GradeBelow Grade Parking Features Concrete DrivewayPrivate Parking Types DrivewayOff Street Patio And Porch Features BalconyDeck(S)Patio(S) Pool No Pool Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2772 Appliances Built-In MicrowaveDishwasherDisposalDryerDryer - ElectricDryer - Front LoadingEnergy Star Clothes WasherEnergy Star DishwasherEnergy Star RefrigeratorMicrowaveOven/Range - GasRefrigeratorStainless Steel AppliancesStoveWasherWasher - Front LoadingWater Heater Basement DaylightFullEnglishFront EntranceHeatedFully FinishedOutside EntranceRear EntranceWindows Basement YN Yes Below Grade Finished Area 924 Below Grade Unfinished Area 0 Cooling Central A/CMulti UnitsCeiling Fan(S) Fireplaces Total 0 Heating Central Heating YN Yes Interior Features 2nd KitchenCarpetCeiling Fan(S)Combination Kitchen/DiningFloor Plan - OpenKitchen - GourmetKitchen - IslandMaster Bath(S)Recessed LightingSoaking TubSprinkler SystemUpgraded CountertopsWalk-In Closet(S)Wood Floors Laundry Type BasementHas LaundryWasher In UnitDryer In UnitUpper Floor Levels 3+ Main Level Bedrooms 0 Pets Allowed No Pet Restrictions Security Features Carbon Monoxide Detector(S)Main Entrance LockSmoke DetectorSprinkler System - Indoor Spa YN No Upper Level1 Bedrooms 2

    Property Features

    Accessibility Features None Assessment Year 2019 Association YN No Buyer Financing Va Central Air YN Yes Close Sale Terms Standard Sale Condo YN No Cooling Fuel Electric Heating Fuel Natural Gas Historic YN No Navigable Water YN N New Construction YN No Original MLSNumber 302198073019 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Negotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 8692.00 Tax Assessment Amount 1133510.00 Tax Lot 39 Vacation Rental YN No Water Source Public Zoning Rf-1

    Listing courtesy of S&G Realty.


    ©2020 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 RE/MAX One. 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: 2020-04-07T14:50:55.08.
     
    RE/MAX One
    107 Centennial St Suite 200
    La Plata MD, 20646