5 months on rocket

2609 29th St SE, Washington, DC, 20020

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
2,520 SqFt
$248/SqFt
Multi

Location

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2609 29th St SE, Washington$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1943
HeatingOther
CoolingMulti Unit(s)
MLS #DCDC2143492
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 2609 29th St SE

***TENANTS ARE NOT TO BE DISTURBED*** **Multi-Family Investment Opportunity in Prime Location!** **Property Overview:** Discover an exceptional investment opportunity with this 4-unit multi-family building, perfectly situated within close proximity to local shopping and transportation. This well-maintained property features four charming 1-bedroom apartments, two of which have been recently remodeled to offer modern living spaces that attract quality tenants. **Unit Details:** - **Unit 1:** Tenant-occupied, viewings available for serious inquiries only. Currently renting for $1129. Log-Term tenant wishes to continue lease. - **Unit 2:** Recently remodeled, vacant, and ready for immediate occupancy. - **Unit 3:** Recently remodeled, vacant, and ready for immediate occupancy. - **Unit 4:** Tenant-occupied, viewings available for serious inquiries only. Currently renting for $800/month. **Additional Features:** - **Potential Income:** The basement, formerly used for storage, presents an excellent opportunity for conversion into a money-making laundromat, providing additional income for the property owner. - **Viewings:** Two of the units are currently vacant and can be viewed at your convenience. For the occupied units, viewings can be scheduled for serious inquiries with proof of funds. **Location Highlights:** - Convenient access to local shopping centers, making everyday errands a breeze. - Close proximity to public transportation, ensuring easy commutes for tenants. **Contact Information:** For more details or to schedule a viewing, please reach out via EMAIL ONLY. We are happy to answer any questions and provide further information to interested parties. Don't miss out on this lucrative investment opportunity in a prime location!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1943
  • Living Area: 2,520 SqFt

Listing Office:

  • Office Name: Weichert Realtors - Blue Ribbon
  • Office Phone: (301) 970-3645
  • Listing Agent: Myeisha U Paskel

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Multi Unit(s)

Other

Directions Information:

  • Directions: Use your GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $3,378
  • Tax Year: 2020
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Housing Market Comparison

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

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Washington, DC

City

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

2609 29th St SE vs Washington

172 DAYS ON ROCKET

+129 Days

$625,000

-$47.3K Less

$248/SqFt

-$263 Less

KEY TAKEAWAY

This property is $47.3K less than the Median Sold Price and $263/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2143492

Listing Office:

  • Office Name: Weichert Realtors - Blue Ribbon
  • Office Phone: (301) 970-3645
  • Listing Agent: Myeisha U Paskel

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, 11:20:52 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$3,378$397,460
2019$3,077$362,000
2018$2,804$329,900
2017$2,445$287,660

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-417484
2
/10

  • Stanton Elementary School

  • 2701 Naylor Rd SE

  • 0.17 miles

  • Public District Grades EE-5

school-card-donut-417485
8
/10

  • Rocketship Public Charter School - Rise Academy

  • 2335 Raynolds Pl SE

  • 0.52 miles

  • Public Charter Grades PK-5

school-card-donut-417486
3
/10

  • Garfield Elementary School

  • 2435 Alabama Ave SE

  • 0.56 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,610. The majority of Washington, DC residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20020›2609 29th St SE

This home is located at 2609 29th St SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 2,520 square foot home, which was built in 1943, sits on a 0.08 acre lot. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $625,000.

While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and 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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