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$619,000
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Property Description
Discover a superb house-hacking opportunity in Hillcrest with this well-maintained, four-unit property. Located just steps from Pennsylvania Avenue, this prime location offers easy access to downtown DC and Capitol Hill. Each unit features 1 bedroom and den, with Unit #1 & #3 currently vacant and ready for your vision. All units come with enclosed back porches, offering potential for creative conversions that can significantly increase rental income. This property also features a brand-new roof equipped with solar panels. The solar system will continue to be owned by the current owner, in which they are offering an exceptional opportunity for a rooftop lease, yielding an additional annual income of $1,000! Revel in the advantages of a freshly installed roof while bolstering your income stream! Your investment strategy is simple: occupy one unit while leasing out the others to cover your mortgage costs, giving you the chance to build equity at a remarkable value. This property is also strategically positioned in Ward 8, an area experiencing rapid redevelopment with numerous nearby projects set to deliver thousands of apartments and office spaces, promising long-term value. Seize this golden opportunity in a prime location for immediate returns and future growth. Whether you're a seasoned investor or just starting out, this property is a must-see for those looking to make the most of their investment.
Full Property Details
Full Property Details for 3012 Nelson Pl SE
General
- Sold For: $619,000
- Taxes: $4,997 (2022)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2127768
- Added to Site: 709 day(s) ago
Parking
- Parking Type: On Street
Location
- County: Washington
- Driving Directions: Use google maps
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Private Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick
- Foundation: Brick/Mortar
- Stories/Levels: 0
- Square Feet: 4,200
- Sq. Ft. Source: Estimated
- Living Area: 2,800 Sq. Ft.
- Year Built: 1939
- Year Built Source: Estimated
Unit Information
- 1 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,188
- Lot Size Source: Estimated
- Zoning: RA-1
Financial Considerations
- Price Per Sq. Ft.: $213.93
- Assessment Year: 2022
- City/TownTax: $4,997
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $666,140
- Tax Amount: $4,997
- Tax Year: 2022
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 78
Listed by Greysteel Company LLC, Ari Firoozabadi
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 3012 Nelson Pl SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Randle Highlands Elementary School 1650 30th St. SE, Washington, DC 20020 | K-5 | 0.4 mi |
Sousa Middle School 3650 Ely Place Southeast, Washington, DC 20019 | 6-8 | 0.8 mi |
Anacostia High School 1601 16th Street Southeast, Washington, DC 20020 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3012 Nelson Pl SE
Date
Details
Price
Change
Source
4/16/2024
Sold
$619,000
3.34%
MLS
3/04/2024
Price Reduced
$599,000
-14.43%
MLS
2/08/2024
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3012 Nelson Place SE, Washington, DC 20019 (MLS# DCDC2127768) is a Multi-Family property that was sold at $619,000 on April 16, 2024. Want to learn more about 3012 Nelson Place SE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

