Don't miss your opportunity to own this thoughtfully constructed 24 bedroom, 24 bath student housing property. Rebuilt in 2014, this property is just steps away from Catholic Universities' Campus. The interior of each level of the building, four total, includes six 180 square feet bedrooms with floor to ceiling windows and six full private bathrooms. The common area boasts a contemporary look with a large furnished dining and living room, fully stocked kitchen with sleek commercial appliances, and in unit laundry. The building currently boasts a 92% occupancy rate and all leases except one end before September 2024. This gives the new owner the opportunity to re-tenant before start of the school year. This unique property is constructed using 18 reinforced shipping containers ensuring the properties longevity and helping lower maintenance costs. Located in the rapidly developing Brookland submarket within 5 minutes of the Brookland-CUA Metro. Current leases are structured as short term with tenants at varying rental rates and all tenants splitting all utilities.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 2014
Living Area: 8,160 SqFt
Listing Office:
Office Name: Marcus & Millichap Real Estate
Office Phone: (202) 536-3700
Listing Agent: Brian C Hosey
Exterior Features
Parking Information:
Parking: Driveway, On Street
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Central Air
School Info
Assigned Schools Information:
Ballou High School, Public District Grades 9-12
Hart Middle School, Public District Grades 6-8
Martin Luther King Elementary School, Public District Grades EE-5
Other
Directions Information:
Directions: From Monroe Street, property will be on the left on 7th Street NE.
Price Information
Listing Price Info
Price Summary:
List Price: $3,999,999
Price Per SqFt: $490/SqFt
Tax Information:
Annual Amount: $14,785
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $3.3M more than the Median Sold Price and $21/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: #DCDC2144910
Listing Office:
Office Name: Marcus & Millichap Real Estate
Office Phone: (202) 536-3700
Listing Agent: Brian C Hosey
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
Powered By
Advertisement
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.
Elementary School
3
/10
Martin Luther King Elementary School
3200 6th St SE
Distance between this listing and this school0.11 miles
Public District Grades EE-5
Middle School
4
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school0.29 miles
Public District Grades 6-8
High School
3
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school0.32 miles
Public District Grades 9-12
Assigned Schools
3
/10
Martin Luther King Elementary School
3200 6th St SE
Distance between this listing and this school0.11 miles
Public District Grades EE-5
Nearby Schools
3
/10
Simon Elementary School
401 Mississippi Ave SE
Distance between this listing and this school0.45 miles
Public District Grades EE-5
3
/10
Malcolm X Elementary School
1351 Alabama Ave SE
Distance between this listing and this school0.56 miles
Public District Grades EE-5
Assigned Schools
4
/10
Hart Middle School
601 Mississippi Ave SE
Distance between this listing and this school0.29 miles
Public District Grades 6-8
Nearby Schools
4
/10
Somerset Preparatory Academy Public Charter School
3301 Wheeler Rd SE
Distance between this listing and this school0.13 miles
Public Charter Grades 6-8
9
/10
Center City Congress Heights Campus Public Charter School
220 High View Placese
Distance between this listing and this school0.44 miles
Public Charter Grades PK-8
Assigned Schools
3
/10
Ballou High School
3401 4th St SE
Distance between this listing and this school0.32 miles
Public District Grades 9-12
Nearby Schools
1
/10
Ballou Stay
3401 4th St SE
Distance between this listing and this school0.32 miles
Public District Grades 9-11
4
/10
Friendship Public Charter School Tech Preparatory
620 Milwaukee Placese
Distance between this listing and this school0.45 miles
The neighbors living near this home have an average income of $55,421. The most common annual income of people living in Washington, DC is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3305 7th St NE
What is the listing price of this property?
The listing price of 3305 7th St NE property is $3,999,999.
What type of property is this?
The property 3305 7th St NE is a house located in Washington, District of Columbia, 20017.
Is this property for sale now?
Active Listing: 3305 7th St NE is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3305 7th St NE are: Martin Luther King Elementary School: GreatSchools Rating 3/10Hart Middle School: GreatSchools Rating 4/10Ballou High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $14,785 (source: MLS/based on county public records data).
What is the square footage of this property?
The property 3305 7th St NE is 8,160 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3305 7th St NE is 2014.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3305 7th St NE in Washington, DC and zip code 20017 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 8,160 square foot home, which was built in 2014, sits on a 0.11 acre lot. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $3,999,999.
Washington, DC housing market in August 2024 saw over 95 listings sold above listed price, more than 112 sold at listed price and over 229 sold below. Between July 2024 and August 2024, Washington, DC real estate market has seen increase in the number of listings by 8.3%. The median list price of listings available in August 2024 was $674,623, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.