1247 Mount Olivet Rd NE,WASHINGTON, DC 20002
WASHINGTON, DC 20002
Description
Exceptional opportunity to own a beautifully renovated 2-unit property in one of Northeast DC's rapidly evolving neighborhoods. Featuring two spacious 2-bedroom, 2-bath residences, this turnkey property is ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. Live in one unit and rent the other, or lease both units to maximize investment potential. With both units currently vacant, the next owner has the flexibility to establish market rents or move in immediately. Each thoughtfully renovated unit offers a modern kitchen, stylish bathrooms, spacious living areas, abundant natural light, and the convenience of in-unit laundry. Separate newer HVAC systems provide independent comfort and efficiency for each residence, while the roof was replaced approximately seven years ago for added peace of mind. Separate gas and electric meters simplify property management and enhance investment appeal. The unfinished basement provides valuable storage and additional flexibility. A rear overhead door opens to a rare two-car off-street parking pad, an increasingly valuable amenity in the city. Ideally located just minutes from Union Market, Ivy City, the H Street Corridor, NoMa, Gallaudet University, Capitol Hill, and downtown Washington, DC, you'll enjoy convenient access to Metro, major commuter routes, restaurants, shopping, and entertainment. Whether you're expanding your investment portfolio or searching for a move-in-ready owner-occupied investment opportunity, this well-maintained duplex offers exceptional versatility in a neighborhood experiencing continued growth and redevelopment. Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.
Details
| MLS # | DCDC2276550 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1943 |
| Days On Site | 36 |
| Listing Provided By | EXP Realty, LLC | Christopher Craddock |
Features
| SQ Feet | 3,341 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | RES |
| Acreage | 0.07 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Appliances | Washer, Dryer, Stove, Refrigerator, Dishwasher, Disposal, Microwave |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7734 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| Community Name | TRINIDAD |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Elementary School | WHEATLEY EDUCATION CAMPUS |
| High School | DUNBAR SENIOR |
| Listing VS Median (in TRINIDAD) | |
Price: $850,000 low | high Med: $432,500 sqft: 3,341 low | high Med: 1,752 $ / sqft: $254 low | high Med: $247 On site: 36 low | high Med: 103 | |
Market Activity 20002
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20002 |
| Area | WASHINGTON DC |
| Community Name | TRINIDAD |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Elementary School | WHEATLEY EDUCATION CAMPUS |
| High School | DUNBAR SENIOR |
| Listing VS Median (in TRINIDAD) | |
Price: $850,000 low | high Med: $432,500 sqft: 3,341 low | high Med: 1,752 $ / sqft: $254 low | high Med: $247 On site: 36 low | high Med: 103 | |
