Skip To Content

1140-1142 17TH Street NE

WASHINGTON, DC 20002
  • $4,000,000
  • STATUS: Active
  • ON SITE: 297 Days
  • ID#: DCDC2128304
UPDATED: 25 min ago
$4,000,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,500
    SQFT
  • $533
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

Calling all investors for this 6 TH-style units in a brand new building with views of the Wash Monument and the Capitol! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 6-unit residence to the mix. The Dezy Condominiums has an expansive rooftop with 360 degree views of DCs skyline for the penthouse units. There is a clear shot of the Capital from the all six units and spectacular sunsets. In addition, each unit has its own private outdoor space, 3 bedrooms and 2.5 baths over two floors. Each unit has a spacious, open concept living & dining area which is graced by an oversized picture window at each end of the home that offers ample natural light throughout the main level. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic L-shaped kitchen has quartz countertops, matching backsplash, white shaker cabinetry with black metal hardware, an oversized island with storage and an 7.5ft wide deep pantry. The brand-new SS appliances offer functionality and style. All the bedrooms have morning or sunset views and are on the same floor as the laundry. Both full baths have spa-like features and feel. Full-size washer and dryer in every unit. The secured 6-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while the unit has a smart home security system installed. These SIX condos run from 1640-1800 sq ft each. Within walking distance to H Street Corridor, Aldi, Safeway and the Arboretum. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come. . Average rentals for each unit currently goes for $3800-4000/mo. When renting out the 6 units, that's roughly a 6.825% cap rate! Build out to be completed by end of Dec 2024.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T20:51:21.86.
us.psrhomesearch.com/homes/147569197
Print Image

1140-1142 17TH Street NE WASHINGTON, DC 20002

  • Price: $4,000,000
  • Status: Active
  • On Site: 297 Days
  • Updated: 25 min ago
  • ID#: DCDC2128304
0
Beds
0
Baths
0
½ Baths
0.14
Acres
7,500
SQFT
$533
$/SQFT
1936
Built
Neighborhood:
Trinidad
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Calling all investors for this 6 TH-style units in a brand new building with views of the Wash Monument and the Capitol! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 6-unit residence to the mix. The Dezy Condominiums has an expansive rooftop with 360 degree views of DCs skyline for the penthouse units. There is a clear shot of the Capital from the all six units and spectacular sunsets. In addition, each unit has its own private outdoor space, 3 bedrooms and 2.5 baths over two floors. Each unit has a spacious, open concept living & dining area which is graced by an oversized picture window at each end of the home that offers ample natural light throughout the main level. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic L-shaped kitchen has quartz countertops, matching backsplash, white shaker cabinetry with black metal hardware, an oversized island with storage and an 7.5ft wide deep pantry. The brand-new SS appliances offer functionality and style. All the bedrooms have morning or sunset views and are on the same floor as the laundry. Both full baths have spa-like features and feel. Full-size washer and dryer in every unit. The secured 6-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while the unit has a smart home security system installed. These SIX condos run from 1640-1800 sq ft each. Within walking distance to H Street Corridor, Aldi, Safeway and the Arboretum. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come. . Average rentals for each unit currently goes for $3800-4000/mo. When renting out the 6 units, that's roughly a 6.825% cap rate! Build out to be completed by end of Dec 2024.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Parking Features Parking Space Conveys Parking Types Parking Lot Patio And Porch Features Patio(s)Balcony Pool No Pool Property Condition Excellent Soil Types Urban Land-Cristiana-Sunnysider Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 7500 Basement Outside Entrance Basement YN Yes Below Grade Unfinished Area 2500 Cooling None Fireplace YN No Heating 90% Forced Air Heating YN Yes Single Room Units 0 Spa YN No Three Bedroom Units 6 Two Bedroom Units 0

Property Features

Acceptable Financing CashNegotiableOther Accessibility Features None Central Air YN No Construction Completed YN No Cooling Fuel Electric Existing Lease Type None Foundation Details Slab Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN Yes Number Of Units Total 4 Number Of Units Vacant 6 Original MLSNumber 802863308948 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 5383.00 Tax Lot 868788 Vacation Rental YN No Water Source Public Year Built Effective 2023 Zoning RES

Listing courtesy of I-Agent Realty Incorporated: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-07T20:51:21.86.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_3_802863308948-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_3_802863308948-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_3_802863308948-2.jpg
Logo
Pearson Smith Realty
43777 Central Station Drive, Suite 390
Ashburn VA, 20147