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968 MOUNT OLIVET ROAD
Washington, DC 20002
Quick Facts
- Area:1680sq ft
- Style:Other
- Year Built:1951
- Lot Size:0.03 acres
Description:
968 Mount Olivet Rd NE is a prime investment opportunity in the Ivy City neighborhood of Washington, D.C. This three-unit multifamily building is situated on a 0.0300-acre parcel and is classified under Property Class Code 023. It offers three one-bedroom units with approximately 1,352 rentable square feet. The property's strategic location provides excellent accessibility. It is just one block from the Mt. Vermin Sq 7th St—Convention Center Metro Station (Green/Line) and a short distance from NoMa-Gallaudet and the bustling retail areas around Union Station. This makes it highly attractive for tenants seeking convenience and connectivity. The Ivy City submarket is known for its desirability. With a median household income of $107,000 and a low vacancy rate of 3.33%, these factors, combined with the property's central location, strong occupancy, and potential for value-added improvements, make 968 Mount Olivet Rd NE a compelling investment in a thriving rental market.
| Status | Active |
| Added to RealtyWatch | February 11, 2025 - 72 days ago |
| Listing Office | Compass, Desmond Kevin Aberdeen |
| MLS ID | DCDC2174540 |
Schedule a Showing
Interior
- General: Window Treatments,Other
- Appliances: Oven/Range - Gas,Refrigerator
- A/C: None
- Heating: Y, Radiator, Natural Gas
- Disability Feature: Level Entry - Main
Exterior
- General: Fire Escape, Above Grade
- Style: Other
Construction
- Roofing: Metal
- Windows: Casement,Storm
- General: Brick
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON
Lot
- Zoning: R4, 4039//0809
Utilities
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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