1008 4th Ne Street NE, Washington, DC 20002

$1,020,000
3
BD
2
BA
1,760
SqFt

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Sold Price
$1,020,000
List Price
$979,900
Closing Date
Feb 05, 2024
Days on Market
8
Status
CLOSED
MLS#
DCDC2122476
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,760
Lot Size (Acres)
0.04
Style
Other
Year Built
1923
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

1008 4th St NE, zoned RF-1; represents a unique development opportunity. CONDO CONVERSION WITH APPROVED PERMITS - - - TOTAL PERMITTED PROJECT: 4320 SQ FT, Wide enough for 2 door at the entrance level 2 UNITS WITH EACH 2000+ SQ FT UNIT #1 - 3BR 3.5 BATH UNIT #2 - 3 BR 3.5 BATH Fantastic and rare investment opportunity, shovel ready with approved permit set. Located at the intersection of NOMA, Union Market, H St right near Capitol Hill with construction projects any direction you decide to look. This expansive property is ideally suited for transformation into two separate, luxurious condominiums. Per recent appraisals, is valued $1,150,000. ARV of 2 complete units in the range of $1,980,000-2,200,000, offering substantial value potential.

Additional Information

Subdivision
Old City #1
Taxes
$6842
School District
District Of Columbia Public Schools
Elementary School
J.O. Wilson
Middle School
Stuart-Hobson
High School
Dunbar Senior
Heating
Hot Water
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Smart Realty, LLC. Contact:

Selling Office: .