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342 8th Street NE, Washington, DC 20002
$1,275,000
342 8th Street NE, Washington, DC 20002View this property at 342 8th Street NE, Washington, DC 20002
342 8th Street NEWashingtonDC20002
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Property Description
OUTSTANDING Opportunity in the Capitol Hill Historic District, along RARE Mixed-Use zoning corridor! WIDE 2-unit building delivers tremendous flexibility: Unit 1 features classic retail storefront with tall ceilings, big dimensions (20'x60'), bay front, and bonus basement studio with kitchen. Currently the home of Nana's Place - trusted neighborhood early childhood daycare provider to Hill families. Second floor features unit 2 - spacious THREE BR apartment with renovated kitchen and TWO updated baths. LOFT-like feel includes exposed brick, skylights, gleaming floors, new windows and HVAC. Live upstairs while the Unit 1 LEASE PAYS ALL the monthly costs of ownership! OR, lease both units for a stand-out 7% investor CAP rate - call us with questions. Call us for a private tour.
Full Property Details
Full Property Details for 342 8th St NE
General
- Sold For: $1,275,000
- Taxes: $13,141 (2023)
- Status: Closed
- Type: Apartment
- MLS ID: DCDC2112400
- Added to Site: 219 day(s) ago
Business
- Business Type: Day Care Facility, Apartment Building
Interior
- Flooring: Hardwood, Engineered Wood, Ceramic Tile
Rooms
Bathrooms
- Restrooms: 3
Parking
- Parking Type: None
Location
- County: Washington
- Cross Streets: D Street NE
- Driving Directions: From Stanton Park head EAST on Maryland Ave 1 block to RIGHT on D Street NE, proceed 1 block to RIGHT on 8th Street NE, house on RIGHT.
- Location Details: Urban
- Historic District: Yes
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Forced Air, Heat Pump(s), Radiator
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Under Ground
Structural Information
- Construction: Brick
- Ceiling Height: 10' to 12'
- Entry Floor Number: 1
- Stories/Levels: 3
- Year Built: 1913
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2
Lot Features
- Property View: City
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,240
- Lot Size Source: Assessor
- Fence: Yes
- Zoning: MU-4
Financial Considerations
- Price Per Sq. Ft.: $459.5
- Operating Expenses: $2,480,000
- Assessment Year: 2024
- City/TownTax: $6,570
- City/TownTax Freq: Semi-Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,198,470
- Tax Amount: $13,141
- Tax Year: 2023
- Owner Pays: Sewer, Water, Trash Collection, Taxes - Real Estate, Insurance, Electricity, Gas
- Landlord Pays: Sewer, Water, Trash Collection, Taxes - Real Estate, Insurance, Electricity, Gas
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 836
Listed by Keller Williams Capital Properties, Joel S Nelson
Sold by Thompson Premier Homes Group., Christin Marshall
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Schools
Schools serving 342 8th St NE
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Peabody Elementary School
425 C St Ne, Washington, DC 20002 | PK-K | 0.3 mi | |
420 12th St Se, Washington, DC 20003 | 1-5 | 0.8 mi | |
410 E St Ne, Washington, DC 20002 | 6-8 | 0.3 mi | |
1700 E Capitol St Ne, Washington, DC 20003 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 342 8th St NE
Date
Details
Price
Change
Source
12/15/2023
Sold
$1,275,000
-1.85%
MLS
9/22/2023
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
342 8th Street NE, Washington, DC 20002 (MLS# DCDC2112400) is a Apartment property that was sold at $1,275,000 on December 15, 2023. Want to learn more about 342 8th Street NE? Do you have questions about finding other Apartment real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.