Washington, DC 20032,446 MELLON ST SE
Washington, DC 20032,446 MELLON ST SE
Washington, DC 20032,446 MELLON ST SE
Washington, DC 20032,446 MELLON ST SE
Washington, DC 20032,446 MELLON ST SE
Washington, DC 20032,446 MELLON ST SE
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$620,000

$700,000

11.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,248 SqFt


SOLD DATE : 11/21/2024

Key Details

Sold Price $620,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,248 sqft

Price per Sqft $190

Subdivision Congress Heights

MLS Listing ID DCDC2151368

Sold Date 11/21/24

Style Other

Abv Grd Liv Area 3,248

Originating Board BRIGHT

Year Built 1937

Annual Tax Amount $1,280

Tax Year 2004

Lot Size 4,356 Sqft

Acres 0.1

Property Description

Back on the Market with Price Improvements – Prime Investment Opportunity Near National Harbor!

Seize this outstanding opportunity to own a semi-detached, four-unit property in a highly sought-after location near National Harbor, MGM, Gaylord, Nationals Stadium, and the US Capitol. This versatile building, originally renovated in 1989, is perfect for investors aiming to convert the units into condos or for owner-occupants looking to live in one unit while generating rental income from the other three.

Property Highlights:

Unit Breakdown:
Two units feature 3 bedrooms and 1 bath each.
Two units feature 2 bedrooms and 1 bath each.
Current Occupancy:
Three units are vacant, ready for immediate occupancy.
One unit is on a flexible month-to-month lease.
Modern Updates:
Newer bathrooms, kitchens, hardwood, and luxury plank floors.
Freshly painted walls and newer doors.
Outdoor Potential:
Large backyard adjacent to an alley, perfect for future parking.
Utilities:
Basement equipped with newer hot water heaters and furnace. (No AC; window units are in place.)
Prime Location: Minutes from JABAB, downtown, National Harbor, MGM, Gaylord, and Nationals Stadium, with easy access to the US Capitol, this location is ideal for professionals, investors, and those seeking convenience and potential growth.

Investment Potential:

Condo Conversion: Perfect for investors looking to transform the units into high-demand condos.
Rental Income: Ideal for owner-occupants who want to live in one unit while renting out the other units.
Viewing Information:

Units #1, #2, and #3 are available for showings.
Settlement: To occur at Premium Title.
This is a rare chance to invest in a high-demand area with limitless potential. Don't miss your opportunity—schedule a showing today!

Location

State DC

County Washington

Zoning R5A

Rooms

Basement Rear Entrance, Partial, Walkout Stairs

Interior

Interior Features Wood Floors

Hot Water Natural Gas

Heating Hot Water

Cooling Ceiling Fan(s)

Equipment Disposal, Exhaust Fan, Range Hood, Refrigerator, Stove

Fireplace N

Appliance Disposal, Exhaust Fan, Range Hood, Refrigerator, Stove

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Other

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

Structure Type Dry Wall

New Construction N

Schools

High Schools Ballou Senior

School District District Of Columbia Public Schools

Others

Tax ID 5997//0032

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Semere Ambaye • Summer Realtors Inc
Bought with Alan Chargin • Keller Williams Capital Properties
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