1 of 44
Ferramentas
Size
2,810 pé²
interior
0.09 Acres
Exterior
Financial
$997,500
Change Currency
$355
Price Per Sqft
$7,600
Annual taxes
Listing Details
Muitas famílias
Tipo de propriedade
1936
Ano de construção
7985891
Id da web
DCDC2129360
ID do MLS
70
Days Posted
Descrição
1017 17th Place NE, Washington, DC 20002
***EXCELLENT OPPORTUNITY FOR DEVELOPER*** Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. Each unit offers 1 bedroom/1 bath with extended bump out. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 3-4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 1,074 s/f each ($483 s/f), Total s/f = 8,598; ARV = $4,152,834. Projected Construction Cost: Acquisition Cost $997,500; Construction Cost: $1,418,670 ($165+ per s/f x 8,598 s/f of living area); Paid Commissions (5%): $207 642; Carrying Cost at 8%: $302,240 (18 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $3,038,552; Profit: $1,114,552; ROR: 36.6%; Very HOT area for new development. 3 UNITS are vacant. Unit #4 is occupied. PLEASE NOT DISTURB TENANT. PROPERTY WILL CONVEY VACANT.
This is an Pending listing.
Broker Office Phone Number: 202-387-6180
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 202-387-6180
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Histórico de preços
date | Preço | variance | type |
---|---|---|---|
7/10/2023 | $997,500 | 5.00 % | diminuiu |
4/26/2023 | $1,050,000 | - | Listados |
Listing By: Coldwell Banker Realty - Washington via Data Source: Bright MLS
agente de listagem: Al Rice