SoldOct 8, 2021

Listed by Ronald Edwards from Compass

Source: Bright MLS #DCDC2012794

3520 Ely Place Southeast, Washington, DC, 20019

$1,100,000

8
5
4743 sq. ft.
4128 sq. ft.

Duplex

17 days on the market

Sold: Oct 8, 2021

What's around 3520 Ely Place Southeast

About this property

We are pleased to present to market, The Ely, a preeminent luxury investment opportunity, in the super-hot Fort Dupont neighborhood of Southeast, Washington, DC! This extra -large quadraplex, situated on an over 4,000 SQFT lot, features 4 spacious units, each with open-concept floor plans , flooded with natural light, and with 2 of the detached units providing an additional 4 windows! The two penthouse units (3 + 4) have been fully remodeled, with high-end finishes to include brand new, top-of-the-line Samsung kitchen appliances in titanium finish, premium butcher-block countertops, built-in wine refrigerators, hardwood floors throughout, designer tile in each bathroom, and a designated Owner's Suite (Unit 4) that features 2 bedroom and 2 bathroom with an en-suite, all on the detached side of the building! Units 2, 3 and 4 will convey occupied, leaving Unit 1 available for an owner occupied purchaser. All rented units are at market rate rent, except Unit 2. Rent Rolls are available upon request. With each unit equipped with central HVAC and private laundry (GE), this development stands alone as a premiere investment gem. The property also features another HUGE plus, with the addition of a 30 ft wide (estimated) lot space, with endless possibilities! (Potential new condominium development or parking lot) Enjoy this property as an amazing turnkey buy-and-hold, or as an owner-occupant that wishes to live for close to free! 6 minute drive to I-295, within 6 min drive to 3 Metro stations, and just 11 minutes drive to Navy Yard and Capitol Hill! Schedule your private tour, today!

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