3 NEW YORK AVE NW new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20001
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $588
MLS Listing ID DCDC2192168
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,262
Tax Year 2024
Lot Size 889 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Property Description
Investment Opportunity: Fully Renovated Property with Income Potential
This prime property, owned by a licensed realtor, presents a fantastic investment opportunity. With an application already submitted for a Bed and Breakfast or Small Motel license, we are currently awaiting DC review. The property is ideally suited for a variety of businesses, including short-term rentals, offering excellent potential for high returns.
Proven Profit: The property generated over $118,000 in estimated profits last year—demonstrating its strong income potential.
Two Fully Renovated Units:
Basement Unit: Features a 1-bedroom, 1.5-bathroom layout, perfect for a private rental or guest suite.
Upstairs Unit: Offers 3 spacious bedrooms, 1 bathroom, and modern finishes throughout.
Both units boast gourmet kitchens, upgraded in 2021, providing high-end living for tenants or guests.
Security & Privacy: The property is secured with a fenced-in yard and a gated entry, ensuring peace of mind for residents and guests.
This property is ready to deliver strong returns, whether you're looking to operate a short-term rental, B&B, or small motel. Don't miss out on this incredible opportunity to own a fully renovated, income-generating property in a sought-after location.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic,Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0617//0165
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard