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2928 Nelson Pl
For Sale $1,150,000 ($422.79 per Sq Ft)
$1,150,000 ($422.79 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,720 Sq Ft
- 4,008 Sq Ft
Description
Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer.
The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs.
Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,150,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,720 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1940 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5505//0023 |
| MLS # | DCDC2154388 |
| Property ID | 319301401 |
| Lot Sqft | 4,008 |
| Zoning | NA |
| Total Units | 4 |
| Days on Market | 103 |
| Original List Price | Unknown |
| Date Updated | November 02, 2024 |
| Date Created | August 12, 2024 |
Listing Provided By
Sebrin Adem an agent of . Lic #SP98377638
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Data last updated: November 23, 2024.
Robert Crawford
REAL ESTATE AGENT