Washington, DC 20010,1664 PARK RD NW
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Listed by David L Moretz II • NHT Real Estate LLC
$ 1,075,000
Est. payment | /mo

3,895 SqFt


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$ 1,075,000
Est. payment | /mo
Save

3,895 SqFt

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,895 sqft

Price per Sqft $275

Subdivision Mount Pleasant

MLS Listing ID DCDC2212098

Style Federal

Abv Grd Liv Area 3,895

Year Built 1910

Available Date 2025-07-25

Annual Tax Amount $8,650

Tax Year 2024

Lot Size 2,260 Sqft

Acres 0.05

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Coming Soon!...Exceptional 3-unit semi-detached property offering versatile investment potential in the heart of Mount Pleasant. This well-positioned building features two residential units plus one commercial space, presenting multiple revenue streams and value-add opportunities. The upper residential unit offers 3BR/2BA in a duplex-style layout spanning two levels, while the lower residential unit is currently configured as 1BR with expansion potential to 3BR/2BA upon basement finishing. The commercial space is occupied by a month-to-month tenant providing immediate rental income. The unfinished basement presents a significant value-add opportunity, ready for customization to maximize the lower unit's potential and overall property income. The property's current condition and competitive pricing create substantial room for value enhancement through strategic improvements, making it ideal for investors seeking a turnkey opportunity with existing commercial income and residential upside potential, or owner-occupants looking to offset mortgage costs by residing in one unit while generating rental income from the others. Value-add specialists can capitalize on the basement finishing opportunity and vacant residential units to significantly increase returns. Situated in the desirable Mount Pleasant neighborhood, the property benefits from strong rental demand, excellent walkability, and proximity to urban amenities while maintaining a residential character. Currently delivered with two vacant residential units ready for immediate occupancy or renovation, plus stable commercial tenant providing cash flow during any improvement period.

Location

State DC

County Washington

Zoning MU4

Interior

Hot Water Natural Gas

Heating Central

Cooling Window Unit(s)

Flooring Wood

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Federal

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 2608//0822

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard

Bright MLS (BMLS)
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1664 PARK RD NW