Active

2928 Nelson Pl SE

Washington DC, 20019

$1,150,000


$422.79 per sqft

Active

10 Beds

2,720 sqft

Multi-family

Built in 1940

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.

DCDC2154388

MLS ID

August 13, 2024

Listed

December 27, 2024

Updated

Map

2928 Nelson Pl SE
Washington DC, 20019

Interior Features

Bedrooms

10


Appliances

Electric Water Heater


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.09 Acres


Architectual Style

Colonial


Sewer

Public Sewer

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes

$4,544


Tax Frequency

Annually


Days on Market

137


Garage

No


Parking

On Street


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listing History

Date

Event

Price

8/13/2024

Active

Listed by RE/MAX Allegiance
Listing Contact: 7032258292 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/27/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/27/2024 at 11:41 PM UTC

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