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    204 4TH Street SE

    WASHINGTON, DC 20003
    • $1,310,000
    • STATUS: Closed
    • ON SITE: 34 days
    • ID#: DCDC523812
    Sold - 09/24/2021
    $1,310,000
    SOLD - 09/24/2021
    • 5
      BEDS
    • 0.04
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 2,880
      SQFT
    • $455
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1860
    County:

    School Information

    Elementary School:
    High School:

    Description

    ABOUT TO BE RATIFIEDBeautiful Italianate townhouse in Capitol Hill built in the middle of the 19th century. Buying this house is living history! Protected by L'Enfant Trust, the fa+-ade and the windows are the original ones. Located 2 blocks away from the Capitol, you are in the heart of the city. Transportation is very easy with 4 close bus lines (30S, 30N, 32, and 36), 2 metro stations, Capitol South and Eastern Market, welcoming 3 lines, Orange, Silver, and Blue, the walking score is rated at 98, and the biking score at 96. In a nutshell, it's an ideal location. You'll have access to the best restaurants in the city; Barrel, Sushi Capitol, The Duck and the Peach, Fight Club and so much more. Close to the stores; Trader Joe's, 7-eleven, Eastern Market, and many coffee shops with the most popular one Starbuck's. Back to the property, the basement is accessible to another entrance which can make a good opportunity to live on the upper floors and rent the basement. The owner was renting it at $1,750 per month and didn't increase the rent since 2016. Private patio, all in brick, very charming, with a beautiful Pink Velour Crape Myrtle in the middle of the patio.Plenty of renovations and replacements; For the upper levels, the floor has just been totally refinished, a new central air Unico system (2020) distributed by a SpacePak, a new water heater (2020), a new dishwasher (2019), and a new dishwasher (2020). The metal roof is about 10 years old.Basically, you have great bones. Yes, you will need to do some work here and there to make it more contemporary if you want to. Investors, be ready to seize this unique opportunity to own this property for a rental activity or to flip the house. Renting will give you a gross income of $69,000 per year, a level that didn't change since 2016. Imagine what you can get now! The cap rate at this level is at 4.34%, but would increase dramatically by renovating a bit and raising the rents. The building has been fully approved as a rental property by DC.Electricity is separately metered, not the water. Central A/C and radiator for the upper levels, window unit, and radiant flooring for the basement.Offers are due on Tuesday, August 24th at noon.

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    ©2021 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 Betsher and Associates Realtors. 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: 2021-09-25T22:50:09.76.
    www.realestatewithrustymiller.com/homes/120699394
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    204 4TH Street SE WASHINGTON, DC 20003

    • Price: $1,300,000
    • Status: Closed
    • Updated: 53 min ago
    • ID#: DCDC523812
    5
    Beds
    3
    Baths
    1
    ½ Baths
    0.04
    Acres
    2,880
    SQFT
    $455
    $/SQFT
    1860
    Built
    Neighborhood:
    Capitol Hill
    County:
    Washington
    Elementary School:
    Brent
    Middle School:
    Jefferson Middle School Academy
    High School:
    Eastern Senior
    School District:
    District Of Columbia Public Schools
    Property Description
    ABOUT TO BE RATIFIEDBeautiful Italianate townhouse in Capitol Hill built in the middle of the 19th century. Buying this house is living history! Protected by L'Enfant Trust, the fa+-ade and the windows are the original ones. Located 2 blocks away from the Capitol, you are in the heart of the city. Transportation is very easy with 4 close bus lines (30S, 30N, 32, and 36), 2 metro stations, Capitol South and Eastern Market, welcoming 3 lines, Orange, Silver, and Blue, the walking score is rated at 98, and the biking score at 96. In a nutshell, it's an ideal location. You'll have access to the best restaurants in the city; Barrel, Sushi Capitol, The Duck and the Peach, Fight Club and so much more. Close to the stores; Trader Joe's, 7-eleven, Eastern Market, and many coffee shops with the most popular one Starbuck's. Back to the property, the basement is accessible to another entrance which can make a good opportunity to live on the upper floors and rent the basement. The owner was renting it at $1,750 per month and didn't increase the rent since 2016. Private patio, all in brick, very charming, with a beautiful Pink Velour Crape Myrtle in the middle of the patio.Plenty of renovations and replacements; For the upper levels, the floor has just been totally refinished, a new central air Unico system (2020) distributed by a SpacePak, a new water heater (2020), a new dishwasher (2019), and a new dishwasher (2020). The metal roof is about 10 years old.Basically, you have great bones. Yes, you will need to do some work here and there to make it more contemporary if you want to. Investors, be ready to seize this unique opportunity to own this property for a rental activity or to flip the house. Renting will give you a gross income of $69,000 per year, a level that didn't change since 2016. Imagine what you can get now! The cap rate at this level is at 4.34%, but would increase dramatically by renovating a bit and raising the rents. The building has been fully approved as a rental property by DC.Electricity is separately metered, not the water. Central A/C and radiator for the upper levels, window unit, and radiant flooring for the basement.Offers are due on Tuesday, August 24th at noon.
    Exterior Features

    Architectural Style Other Construction Materials BrickStone Direction Faces West Fencing Wood Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Patio And Porch Features Patio(S)Deck(S)RoofBrick Pool No Pool Property Condition Good Riparian Rights YN No Roof Metal Soil Types Unknown View Trees/Woods Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2200 Basement Partially FinishedSide EntranceEnglish Basement YN Yes Below Grade Finished Area 680 Below Grade Unfinished Area 246 Cooling Central A/C Fireplace Features Other Fireplace YN Yes Fireplaces Total 1 Flooring Hardwood Furnished No Heating RadiatorSteam Heating YN Yes Interior Features 2nd KitchenCrown MoldingsFloor Plan - TraditionalSkylight(S)Tub Shower Laundry Type Main FloorLower Floor Levels 3 Main Level Bedrooms 0 Rooms Total 9 Upper Level1 Bedrooms 4 Walls Ceilings 9'+ Ceilings

    Property Features

    Acceptable Financing CashConventional Accessibility Features Other Assessment Year 2020 Association YN No Buyer Financing Conventional Central Air YN Yes Close Sale Terms Standard Sale Condo YN No Cooling Fuel Electric Cross Street Independence Ave Federal Flood Zone YN No Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Original MLSNumber 304626108104 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 10316.00 Tax Assessment Amount 1238700.00 Tax Lot 808 Total Actual Rent 69000.00 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Y

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2021 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 Betsher and Associates Realtors. 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: 2021-09-25T22:50:09.76.
     
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