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2928 NELSON PLACE
Washington, DC 20019
Quick Facts
- Area:2720sq ft
- Style:Colonial
- Year Built:1940
- Lot Size:0.09 acres
Description:
Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.
| Status | Active |
| Added to RealtyWatch | August 13, 2024 - 135 days ago |
| Listing Office | RE/MAX Allegiance, Sebrin Adem |
| MLS ID | DCDC2154388 |
Schedule a Showing
Interior
- A/C: Multi Units
- Heating: Y, Other, Electric
- Disability Feature: None
Exterior
- General: Above Grade,Below Grade
- Style: Colonial
Construction
- General: Brick
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: NA, 5505//0023
- Current Use: 0
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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