Washington, DC 20001,1027 EUCLID ST NW
Washington, DC 20001,1027 EUCLID ST NW
Washington, DC 20001,1027 EUCLID ST NW
29
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Listed by Amy M Levin • Long & Foster Real Estate, Inc.
$865,000
Est. payment /mo
1,136 SqFt
New

1027 EUCLID ST NW Washington, DC 20001

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,136 sqft

Price per Sqft $761

MLS Listing ID DCDC2198402

Style Colonial

Abv Grd Liv Area 1,136

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $5,710

Tax Year 2024

Lot Size 1,358 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Property Description

Legal 2 unit in the heart of Columbia Heights ready to earn $55K+/yr with TWO OFF STREET PARKING SPACES and further expansion potential. Additional parking garage, extra lot or huge garden may be negotiated separately for buyers looking to create something unique directly in the NAMED alley behind (further residential development possible).

2BR/1.5 BA on two levels-wood floors, updated lighting, a stylish kitchen with stainless steel appliances and exit to rear patio and parking. Enjoy your morning coffee on the inviting front porch. Living dining, kitchen and powder room on main level and two generous size bedrooms, full bath +den/office that is currently being used as a full-size laundry room.

1BR/1BA separately metered basement unit makes for perfect for rental income, guest suite, or separate professional home office.

Easy access to Metro, restaurants, parks, and shopping, this home is an absolute gem. Don't miss your chance to own in one of D.C.'s most vibrant neighborhoods.

Income
    •    Upper Unit Rental Income: $3,500 per month ($42,000 per year)
    •    Basement Unit Rental Income (Furnished): $1,800 per month ($21,600 per year)
    •    Total Gross Rental Income: $63,600 per year

Operating Expenses
    •    Property Insurance: $1,520 per year
    •    Property Taxes: $7,000 per year
    •    Total Operating Expenses: $8,520 per year

Net Operating Income (NOI)
Gross Rental Income - Operating Expenses
$63,600 - $8,520 = $55,080 per year

Capitalization Rate (Cap Rate)
NOI / Asking Price
$55,080 / $875,000 = 6.3CAP

Also a strong contender for owner occupant or investors looking for rental income in a desirable location.

Location

State DC

County Washington

Zoning RF-1

Rooms

Basement English, Daylight, Partial, Fully Finished, Outside Entrance, Front Entrance, Rear Entrance, Windows

Interior

Interior Features 2nd Kitchen, Dining Area, Floor Plan - Traditional, Kitchen - Galley, Wood Floors

Hot Water Electric

Heating Hot Water

Cooling None

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater

Fireplace N

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2863//0054

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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1027 EUCLID ST NW

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