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    451 M Street NW

    WASHINGTON, DC 20001
    • $1,695,000
    • STATUS: Active
    • ON SITE: 195 days
    • ID#: DCDC489538
    UPDATED: 58 min ago
    $1,695,000
    • 7
      BEDS
    • 0.05
      ACRES
    • 4
      BATHS
    • 2
      1/2 BATHS
    • 3,967
      SQFT
    • $427
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1892
    County:

    School Ratings & Info

    Description

    Back on market, buyer's financing fell through. Let their loss be your gain, once in a decade opportunity! Stately, expansive, four-story victorian home with rental income. Configured as 3 units with owners living on the 1st floor (Unit 1) with 2 BDs/1.5 BAs, Kitchen, Dining Room, and Living Room. Unit 2 is on the 2nd and 3rd floor and is a 4 BDs/2.5 BAs unit, with Kitchen, Dining Room, and Living Room. Unit 2 can be delivered vacant. The owner has historically rented each room in Unit 2 for $1200/mo (Total income per month: $4800). Unit 3 in the basement is a 1 BD/1 BA unit rented through 4/30/2022 at $1795/mo. The owner has enjoyed years of easy rental income paying his mortgage with the current setup. Recently updated heat pumps, 3 separate in-unit laundry systems, lovely back yard patio and deck spaces for relaxing and entertaining. Prime location puts this home at the center of the hustle and bustle of DC's downtown scene while being uniquely placed on a historic residential block. Beyond the iconic triangle that lies at its center, Mount Vernon Square has plenty of recreation to offer. Many options for a date night or delicious lunch, among them - RPM Italian, Espita mezcaleria, and Busboys and Poets. Secure Parking for rent nearby for $200 a month. This is city living at it's best - come see for yourself! Note: Last three years rent rolls, repairs, CapEX, and current leases available in agent docs. Also listed as Multi-Family - MLS# DCDC489848.

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    ©2021 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 Ultimate Selling Team at eXp Realty. 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: 2021-04-14T20:52:31.003.
    www.ultimatesellingteam.com/homes/110531933
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    451 M Street NW WASHINGTON, DC 20001

    • Price: $1,695,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: DCDC489538
    7
    Beds
    4
    Baths
    2
    ½ Baths
    0.05
    Acres
    3,967
    SQFT
    $427
    $/SQFT
    1892
    Built
    Neighborhood:
    Mount Vernon
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    Property Description
    Back on market, buyer's financing fell through. Let their loss be your gain, once in a decade opportunity! Stately, expansive, four-story victorian home with rental income. Configured as 3 units with owners living on the 1st floor (Unit 1) with 2 BDs/1.5 BAs, Kitchen, Dining Room, and Living Room. Unit 2 is on the 2nd and 3rd floor and is a 4 BDs/2.5 BAs unit, with Kitchen, Dining Room, and Living Room. Unit 2 can be delivered vacant. The owner has historically rented each room in Unit 2 for $1200/mo (Total income per month: $4800). Unit 3 in the basement is a 1 BD/1 BA unit rented through 4/30/2022 at $1795/mo. The owner has enjoyed years of easy rental income paying his mortgage with the current setup. Recently updated heat pumps, 3 separate in-unit laundry systems, lovely back yard patio and deck spaces for relaxing and entertaining. Prime location puts this home at the center of the hustle and bustle of DC's downtown scene while being uniquely placed on a historic residential block. Beyond the iconic triangle that lies at its center, Mount Vernon Square has plenty of recreation to offer. Many options for a date night or delicious lunch, among them - RPM Italian, Espita mezcaleria, and Busboys and Poets. Secure Parking for rent nearby for $200 a month. This is city living at it's best - come see for yourself! Note: Last three years rent rolls, repairs, CapEX, and current leases available in agent docs. Also listed as Multi-Family - MLS# DCDC489848.
    Exterior Features

    Architectural Style Victorian Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Patio And Porch Features BalconyPatio(S)Porch(Es) Pool No Pool Property Condition Very Good Riparian Rights YN No Soil Types Urban Land-Beltsville-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3358 Basement EnglishFully Finished Basement YN Yes Below Grade Finished Area 609 Below Grade Unfinished Area 139 Cooling Heat Pump(S) Fireplace YN Yes Fireplaces Total 2 Flooring Wood Heating Heat Pump(S) Heating YN Yes Interior Features 2nd Kitchen Levels 4 Main Level Bedrooms 2 Upper Level1 Bedrooms 2

    Property Features

    Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Federal Flood Zone YN No Heating Fuel Electric Historic YN No Horse YN No Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304325368013 Ownership Interest Fee Simple Pets Allowed YN No Possession NegotiableSeller Rent BackSubject To Existing Lease Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 11348.00 Tax Assessment Amount 1410200.00 Tax Lot 49 Total Actual Rent 81600.00 Vacation Rental YN No Water Source Public Zoning Multifamily Zoning Description Zoned As A 2-Unit Building.

    Listing courtesy of Exp Realty, Llc.


    ©2021 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 Ultimate Selling Team at eXp Realty. 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: 2021-04-14T20:52:31.003.
     
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