3012 Nelson Pl Se, WASHINGTON

$599,000

0 Bed
0 Bath
2,800 Sqft
.1 Acre
0 Parking

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.

Essential Information
MLS® #DCDC2127768
Price$599,000
Bathrooms0.00
Square Footage2,800
Acres0.10
Year Built1939
TypeMulti-Family
Sub-TypeQuad, Detached
StyleTraditional
StatusActive Under Contract
Community Information
Address3012 Nelson Pl Se
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20019
Interior
HeatingHot Water
CoolingNone
Exterior
ExteriorBrick and Siding
FoundationBrick/Mortar
District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information
ZoningRA-1
Condo Fees$0
HOA Fees$0
Listing Details
OfficeGreysteel Company LLC
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $700,000 to $599,000
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Listing information last updated on April 27th, 2024 at 2:45pm EDT.