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3002 11th St NW

Washington DC 20009

3
1
2986 sq. ft.
2697 sq. ft.
Duplex
Currently for sale - view listing

Overview

OPPORTUNITY TO LIVE IN ONE UNIT and generate income from two additional leased units! The top floor tenants will vacate at the end end of December. PRICE REDUCED! Investment opportunity in a phenomenal location with a 96 Walk Score. This 3-unit building is situated on a large corner lot in the thriving 11th Street Corridor of Columbia Heights. 3002 11th Street offers a well-established rental history and low costs with utilities paid for by the tenants. With $166k invested in updates and maintenance between 2018 and 2023, this investment opportunity lives well and has had continual cash flow through the entirety of ownership (including during COVID). The current owner invested money so you don't have to. Plug and play cash flow. The units are all currently fully tenanted and professionally managed, but can be a great play for the savvy investor. The top-floor 2-bedroom unit is currently rented for $2395/mo, the middle-floor 3-bedroom unit is currently rented for $3245/mo, the lower-level 2-bedroom is currently rented for $1885/mo, and the parking space is currently rented for $200/mo.

Features

3 bedrooms
1 carspace
2986 sq. ft. floor area
2697 sq. ft. lot size
Duplex

Property history for 3002 11th St NW

2017
Sold
$1,052,000
10 Apr 2017

Happy sellers in Washington

94%
94% of sellers in Washington reported that their sale price either exceeded or met their price expectations.

Washington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Washington over the last 12 months.

Local market activity for 3 bedroom duplexes in Washington

In the last 12 months, 2 three-bedroom duplexes similar to 3002 11th St NW, have been sold.

This represents a 67% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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