4 months on rocket

1944 3rd St NE, Washington, DC, 20002

$5,500,000

0 Baths
3,570 SqFt
$1,541/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingOn Street
Year BuiltNew Const., 2023
HeatingHot Water
CoolingWindow Unit(s)
BasementYes
MLS #DCDC2150330
Lot Size0.16 Acres
StatusActive
(ACTIVE)

About 1944 3rd St NE

This is an amazing investment opportunity that has subsidized guaranteed rents. It has been completely renovated into 2–6-bedroom, 4-5 bedroom and 1-4 bedroom fully self-contained multifamily apartment building located in a great neighborhood. Fully leased and ready to start earning you income. The tenants have not been given their TOPA rights but should not be an issue. It has a large lot with parking in the rear. Close to the Rhode Island Metro station, Union Market, stores and restaurants on 12th street.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 3,570 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (202) 483-6300
  • Listing Agent: Samuel R Davis

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Ceiling Fan(s), Wood Floors

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Rhode Island Ave., take 2nd St., NE South, Left on T St., Left on 3rd St.. Property on left at 3rd and U Street NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
  • Price Per SqFt: $1,541/SqFt

Tax Information:

  • Annual Amount: $7,546
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

1944 3rd St NE vs Washington

121 DAYS ON ROCKET

+78 Days

$5,500,000

+$4.8M More

$1,541/SqFt

+$1K More

KEY TAKEAWAY

This property is $4.8M more than the Median Sold Price and $1K/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2150330

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (202) 483-6300
  • Listing Agent: Samuel R Davis

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,546$887,760
2019$7,018$825,740
2018$6,536$768,980
2017$6,064$713,420

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-316227
7
/10
  • Harmony Dc Public Charter School - School of Excellence

  • 62 T St NE

  • 0.24 miles

  • Public Charter Grades KG-5

school-card-donut-316228
3
/10
  • Langley Elementary School

  • 101 T St NE

  • 0.25 miles

  • Public District Grades EE-5

school-card-donut-316229
4
/10
  • Mundo Verde Bilingual Public Charter School - J.F. Cook

  • 30 P St NW

  • 0.68 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,886. Most Washington, DC residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1944 3rd St NE

What is the listing price of this property?

The listing price of 1944 3rd St NE property is $5,500,000.

What type of property is this?

The property 1944 3rd St NE is a house located in Washington, District of Columbia, 20002.

Is this property for sale now?

Active Listing: 1944 3rd St NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,546 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 1944 3rd St NE is 3,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1944 3rd St NE is 2023.
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Rocket HomesDistrict of ColumbiaWashington200021944 3rd St NE

This home is located at 1944 3rd St NE in Washington, DC and zip code 20002 in the Eckington neighborhood. This 3,570 square foot home, which was built in 2023, sits on a 0.16 acre lot. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $5,500,000.

In October 2024 more than 142 listings in Washington, DC were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 225 were sold below. The number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. In October 2024 median list price was $672,329 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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