3012 Nelson Place SE Washington, DC $ 599,000
3012 Nelson Place SE
$ 599,000
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3012 Nelson Place SE

Washington, DC, 20019
$ 599,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 4,184

3012 Nelson Place SE, Washington, DC 20019 - Image 1
3012 Nelson Place SE, Washington, DC 20019 - Image 2
3012 Nelson Place SE, Washington, DC 20019 - Image 3
3012 Nelson Place SE, Washington, DC 20019 - Image 4

Multi-Family Home for sale in Washington, DC

for $599,000 with 4 bedrooms. This home was built in 1939 on a lot size of 0.1.

Discover a superb house-hacking opportunity in Hillcrest with this well-maintained, four-unit property. Located just steps from Pennsylvania Avenue, this prime location offers easy access to downtown DC and Capitol Hill. Each unit features 1 bedroom and den, with Unit #1 & #3 currently vacant and ready for your vision. All units come with enclosed back porches, offering potential for creative conversions that can significantly increase rental income. This property also features a brand-new roof equipped with solar panels. The solar system will continue to be owned by the current owner, in which they are offering an exceptional opportunity for a rooftop lease, yielding an additional annual income of $1,000! Revel in the advantages of a freshly installed roof while bolstering your income stream! Your investment strategy is simple: occupy one unit while leasing out the others to cover your mortgage costs, giving you the chance to build equity at a remarkable value. This property is also strategically positioned in Ward 8, an area experiencing rapid redevelopment with numerous nearby projects set to deliver thousands of apartments and office spaces, promising long-term value. Seize this golden opportunity in a prime location for immediate returns and future growth. Whether you're a seasoned investor or just starting out, this property is a must-see for those looking to make the most of their investment.

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Multi-Family Contingent

Price

$ 599,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,997

Style

Traditional

Lot Size

0.1

Year Built

1939

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2127768

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Street Suffix PLACE
Central Air Y/N N
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General
Sewer Private Sewer
Heating Hot Water
Cooling None
Possession Negotiable
Zoning RA-1
Pool Y/N No Pool
Architectural Style Traditional
Construction Materials Brick
Year Built 1939
Property SubType Quadruplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility Other
County WASHINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Use google maps
City WASHINGTON
Buyer Agent Compensation 2
Total Units 4
Lot Size Square Feet 4188.00
Waterfront Y/N N
Street Name NELSON
Tax Annual Amount 4997.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft 213.93
Vacation Rental Y/N N
Days on Market 30
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision Hillcrest
Tax Lot 78
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Estimated
Soil Types Unknown
Land Assessed Value 187160.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3012
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* Excluded Features
List By
Greysteel Company Llc

Broker

midatlanticmf@greysteel.com

Email

Affordability Calculator

$4,601
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,184
Monthly Property Taxes
$416
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$599,000 -14.43% Price Down
2/8/2024$700,000 Listed Price

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3012 Nelson Place SE, Washington, DC, 20019 is a Multi-Family Home for sale at $599,000 with a lot size of 0.1. 3012 Nelson Place SE has 4 bedrooms, 0.0 baths, and was built in 1939. The property's zip code is 20019 which is in Washington, DC