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Key Details
Sold Price $785,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 1,744 sqft
Price per Sqft $450
Subdivision Shaw
MLS Listing ID DCDC2000240
Sold Date 04/16/21
Style Federal,Carriage House,Loft with Bedrooms,Unit/Flat
Bedrooms 2
Full Baths 2
Condo Fees $523/mo
HOA Y/N N
Abv Grd Liv Area 1,744
Originating Board BRIGHT
Year Built 1912
Annual Tax Amount $3,493
Tax Year 2020
Property Description
Extremely rare opportunity to purchase a Carriage House AND an Income-Generating Unit in the heart of Shaw! Two leases allowed! This is a 2-unit duplex-style property (2 separate units on the same deed!). Both units are currently vacant. The Carriage House, #99, is overflowing with charm and is detached on 3 sides with a private courtyard. The Carriage House features a 1 bed-loft with 1 bathroom, soaring ceilings, 2 levels of EXPOSED BRIGHT WALLS and approx 870 SF. This creative space has a modern open kitchen, central AC, stacked W/D, recently-installed Stainless Steel appliances and a new water heater. The loft boasts a bedroom with vaulted ceilings, brand new carpet and a large closet. The roof was recently coated and the HVAC system recently serviced with a 1-year maintenance warranty. It is an EXTREMELY PRIVATE and INSPIRING LOFT to call home. It is sold together with #100, a condo that is completely renovated to sell and the perfect apartment to rent out. The 880 SF condo's features include an open-concept floor plan with 1 bed/1 bath, and all new flooring. Your tenants will enjoy the natural light beaming into every room with 8 windows on 3-sides of the condo. This income-producing unit has an updated kitchen with brand new stainless steel appliances, refreshed kitchen cabinets and granite counters. The large bathroom has a new quartz counter, large mirror, and a huge walk-in shower. Brand new systems, including: a water heater, stacked W/D, a mini-split HVAC system with 10-year warranty, and lifetime B-Dry waterproofing warranty make for easy ownership. It is a solidly constructed unit with a concrete slab ceiling, providing a quiet place to call home. True to the essence of Shaw's historic roots, this 108-year old building and Carriage House seamlessly blend in and add to the neighborhood's vibrant character. You get to choose: live in one and rent the other - or - rent them both and let your tenants pay for the mortgage and generate instant cashflow! If sold separately, similar units would sell for a combined $1,050,000+. Rent the Carriage House for an estimated $2650/month and the condo for estimated $2400/month--That's $5050/month, which will profit you approx $1200/month on most mortgages. Shaw is a walker's paradise - enjoy a walk-score of 96 with a seven-minute walk to the Shaw/Howard Metro station and countless dining and shopping options! O Street Market is right around the corner. Ready for immediate occupancy. It is truly a one-of-a-kind property! Universal Title highly recommended. Please follow all CDC recommended Covid guidelines and wear a mask while on property. Ready for immediate occupancy. It is truly a one-of-a-kind property! Contact Draper & Kramer for conventional lending options or National Capital Bank for portfolio lending opportunities.
Location
State DC
County Washington
Zoning RF-1
Direction West
Rooms
Main Level Bedrooms 2
Interior
Interior Features 2nd Kitchen, Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open
Hot Water Electric
Heating Wall Unit, Forced Air
Cooling Central A/C, Ductless/Mini-Split
Flooring Vinyl, Carpet
Equipment Stainless Steel Appliances, Dishwasher, Refrigerator, Oven/Range - Electric, Disposal, Microwave, Washer/Dryer Stacked
Furnishings No
Appliance Stainless Steel Appliances, Dishwasher, Refrigerator, Oven/Range - Electric, Disposal, Microwave, Washer/Dryer Stacked
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Exterior Feature Patio(s)
Amenities Available None
Waterfront N
Water Access N
View City, Courtyard
Accessibility None
Porch Patio(s)
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Federal, Carriage House, Loft with Bedrooms, Unit/Flat
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Insurance,Management,Reserve Funds
Senior Community No
Tax ID 0478//2001
Ownership Condominium
Security Features Window Grills
Acceptable Financing Bank Portfolio, Cash, Conventional
Listing Terms Bank Portfolio, Cash, Conventional
Financing Bank Portfolio,Cash,Conventional
Special Listing Condition Standard
Pets Description Cats OK, Dogs OK
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Bought with Ryan K Tyndall • Compass