$574,000

1,995

square ft

807 48th Place Ne

Washington, District Of Columbia 20019

Active / MLS #DCDC2189604 / Multiple Unit (2-4) / Deanwood

Listing information updated 3/20/2025 at 12:03pm

PRICE IMPROVEMENT!! **Seller is willing to offer a concession to points to buy down the rate to help increase your PROFIT. **This home is eligible for a $10k Welcome Home GRANT toward an eligible buyer's down payment. This is what you've been waiting for as your start to build wealth in the developing neighborhood of Deanwood. This property is investor friendly or for a first-time homebuyer. Live in the vacant top unit and rent out the rest of the property. Basement unit brings in $1,552 and unit #1 brings $1,456. This is an opportunity to buy a cash flowing property with room to increase the value as the neighborhood progresses. The top unit and building hallway has just been updated and ready to rent or move into as a primary residence, while the other units pay your mortgage. The property can bring in $4,560 a month fully occupied. TOPA process is complete. All offers will be considered.

Full Features

Architecture Style:

Traditional

Cooling System:

Window Unit(s)

Heating System:

Hot Water

Pool:

Age:

92 Years

Water Front:

Square Feet:

1,995

Lot Size:

1677.00 Square Feet

Acreage:

0.04

Taxes & Assessments

Tax Amount:

$3,579

Tax Year:

2023

Location

Zip Code:

20019

City:

Washington

County:

Washington

Schools

School District(s):

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Architecture Style:

Traditional

Cooling System:

Window Unit(s)

Heating System:

Hot Water

Pool:

Age:

92 Years

Water Front:

Square Feet:

1,995

Lot Size:

1677.00 Square Feet

Acreage:

0.04

Listing Office: Area Real Estate

Listing Office Phone: 202.370.7910

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