3001 CHANNING ST NE Washington, DC 20018
UPDATED:
02/10/2025 03:21 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $106
Subdivision Woodridge
MLS Listing ID DCDC2184608
Style Other
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 5,000
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $3,271
Tax Year 2024
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Detached
Property Description
The property sits on four plots totaling 14,300 sq ft, providing ample space for various development options.
Investment Opportunities:
Rehab & Convert: Rehab the current home and convert the garage into an ADU. Rehab quotes are estimated at $250,000, with an After Repair Value (ARV) of approximately $1.5 million.
New Construction: Alternatively, you can build 2-3 duplexes on the land, with each unit having a resale value of around $950,000. Legal and contractor consultations have already been completed, and an architect and contractor are ready to start the project.
This property offers a unique chance to maximize your return on investment through either rehabilitation or new construction. Don't miss out on this exceptional opportunity!
Location
State DC
County Washington
Zoning R
Rooms
Basement Full
Main Level Bedrooms 5
Interior
Hot Water Other
Heating None
Cooling None
Fireplaces Number 1
Fireplace Y
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Senior Community No
Tax ID 4360//0808
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
