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968 Mount Olivet Rd
For Sale $629,999 ($375.00 per Sq Ft)
$629,999 ($375.00 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 1,680 Sq Ft
- 1,352 Sq Ft
Description
968 Mount Olivet Rd NE is a prime investment opportunity in the Ivy City neighborhood of Washington, D.C. This three-unit multifamily building is situated on a 0.0300-acre parcel and is classified under Property Class Code 023. It offers three one-bedroom units with approximately 1,352 rentable square feet.
The property's strategic location provides excellent accessibility. It is just one block from the Mt. Vermin Sq 7th St—Convention Center Metro Station (Green/Line) and a short distance from NoMa-Gallaudet and the bustling retail areas around Union Station. This makes it highly attractive for tenants seeking convenience and connectivity.
The Ivy City submarket is known for its desirability. With a median household income of $107,000 and a low vacancy rate of 3.33%, these factors, combined with the property's central location, strong occupancy, and potential for value-added improvements, make 968 Mount Olivet Rd NE a compelling investment in a thriving rental market.
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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 | $629,999 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,680 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1951 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4039//0809 |
| MLS # | DCDC2174540 |
| Property ID | 321261009 |
| Lot Sqft | 1,352 |
| Zoning | R4 |
| Total Units | 3 |
| Days on Market | 10 |
| Original List Price | Unknown |
| Applicances | Oven/Range - Gas,Refrigerator% |
| Date Updated | February 11, 2025 |
| Date Created | February 10, 2025 |
Listing Provided By
Desmond Kevin Aberdeen an agent of .
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Data last updated: February 20, 2025.
Robert Crawford
REAL ESTATE AGENT