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- MLS#DCDC482582
- TypeCondos
- CountyWASHINGTON
- CityWashington
- NeighborhoodSHAW
- Zip20001
- StyleFederal,Carriage House,Loft with Bedrooms,Unit/Fla
- Year Built1912
- Taxes3493
- Price$ 799,900
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1744
Listing Provided Courtesy Of:
Keller Williams Capital Properties
Property Description
**PRICE IMPROVEMENT**Seller offering $5000 credit with full price offer** Extremely rare opportunity to purchase a Carriage House AND an Income-Generating Unit in the heart of Shaw! This is a 2-unit duplex-style property (2 separate units on the same deed!). Both units are currently vacant. The Carriage House, #99, is overflowing with charm and is detached on 3 sides with a private courtyard. The Carriage House features a 1 bed-loft with 1 bathroom, soaring ceilings, 2 levels of EXPOSED BRIGHT WALLS and approx 870 SF. This creative space has a modern open kitchen, central AC, stacked W/D, recently-installed Stainless Steel appliances and a new water heater. The loft boasts a bedroom with vaulted ceilings, brand new carpet and a large closet. The roof was recently coated and the HVAC system recently serviced with a 1-year maintenance warranty. It is an EXTREMELY PRIVATE and INSPIRING LOFT to call home. It is sold together with #100, a condo that is completely renovated to sell and the perfect apartment to rent out. The 880 SF condo's features include an open-concept floor plan with 1 bed/1 bath, and all new flooring. Your tenants will enjoy the natural light beaming into every room with 8 windows on 3-sides of the condo. This income-producing unit has an updated kitchen with brand new stainless steel appliances, refreshed kitchen cabinets and granite counters. The large bathroom has a new quartz counter, large mirror, and a huge walk-in shower. Brand new systems, including: a water heater, stacked W/D, a mini-split HVAC system with 10-year warranty, and lifetime B-Dry waterproofing warranty make for easy ownership. It is a solidly constructed unit with a concrete slab ceiling, providing a quiet place to call home. True to the essence of Shaw's historic roots, this 108-year old building and Carriage House seamlessly blend in and add to the neighborhood's vibrant character. You get to choose: live in one and rent the other - or - rent them both and let your tenants pay for the mortgage and generate instant cashflow! If sold separately, similar units would sell for a combined $1,050,000+. Rent the Carriage House for an estimated $2650/month and the condo for estimated $2400/month--That's $5050/month, which will profit you approx $1200/month on most mortgages. Shaw is a walker's paradise - enjoy a walk-score of 96 with a seven-minute walk to the Shaw/Howard Metro station and countless dining and shopping options! O Street Market is right around the corner. Ready for immediate occupancy. It is truly a one-of-a-kind property! Universal Title highly recommended. Please follow all CDC recommended Covid guidelines and wear a mask while on property. Ready for immediate occupancy. It is truly a one-of-a-kind property! Contact Draper & Kramer or National Capital Bank for great lending opportunities.
Price History | |
---|---|
8/27/2020 | Listed $950,000 |
9/17/2020 | 6% - $899,000 |
10/30/2020 | 8% - $829,000 |
12/5/2020 | 4% - $799,900 |
General Features
Acceptable Financing | Bank Portfolio, Cash |
---|---|
Accessibility | None |
Appliances | Stainless Steel Appliances, Dishwasher, Refrigerator, Oven/Range - Electric, Disposal, Microwave, Washer/Dryer Stacked |
Architectural Style | Federal, Carriage House, Loft with Bedrooms, Unit/Flat |
Association Amenities | None |
Association Fee Includes | Insurance, Management, Reserve Funds |
Association Y/N | No |
Building Name | OLD CITY II |
Condo/Coop Association Y/N | Yes |
Construction Materials | Brick |
Cool Fuel | Electric |
Cooling | Central A/C |
County | WASHINGTON |
Exterior Features | Sidewalks, Street Lights |
Facing Direction | West |
Flooring | Vinyl, Carpet |
Garage Y/N | No |
HOA Fee 2 | 523.00 |
HOA Fee 2 Frequency | Monthly |
Heating | Wall Unit |
High School District | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
Interior Features | 2nd Kitchen, Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open |
Legal Subdivision | OLD CITY II |
Levels | 1 |
New Construction | No |
Other Structures | Above Grade, Below Grade |
Ownership | Condominium |
Patio/Porch Features | Patio(s) |
Possession | Immediate, Settlement, Negotiable |
Price Per Sq Ft | 458.66 |
Property Type | Residential |
PropertyCondition | Excellent |
Real Estate Owned Y/N | No |
Security Features | Window Grills |
Senior Community Y/N | No |
Sewer | Public Sewer |
Structure Type | Unit/Flat/Apartment |
Subdivision Name | SHAW |
Tax Annual Amount | 3493.0 |
Tax Lot | 2001 |
Tax Year | 2020 |
Unit Number | 100 |
Vacation Rental Y/N | No |
View | City, Courtyard |
Water Access Y/N | No |
Zoning | RF-1 |
Interior Features
Above Grade Finished Area | 1744 |
---|---|
Above Grade Finished Area Source | Estimated |
Above Grade Finished Area Unit Type | Square Feet |
Basement Y/N | No |
Bathrooms Count Main Level | 2.00 |
Bathrooms Full Main Level | 2 |
Below Grade Finished Area Source | Assessor |
Below Grade Finished Area Unit Type | Square Feet |
Below Grade Unfin Area Units | Square Feet |
Below Grade Unfin Sqft Source | Assessor |
Central Air Y/N | Yes |
Entry Level | 1 |
Full Baths | 2 |
Heating Fuel | Electric |
Heating Y/N | Yes |
Hot Water | Electric |
Laundry Type | Washer In Unit, Dryer In Unit |
Living Area | 1744 |
Main Level Bedrooms | 2 |
Total Baths | 2 |
Total Bedrooms | 2 |
Exterior Features
Navigable Water Y/N | No |
---|---|
Pool Y/N | No Pool |
Soil Types | Urban Land-Sassafras-Chillum |
Type of Parking | None |
Water Oriented Y/N | No |
Water Source | Public |
Water View Y/N | No |
Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool