1. District of Columbia
2. Washington
3. 1014 17TH ST NE

1014 17TH ST NE, Washington, DC 20002

• 3,272 sqft

Property Description

This four-unit building offers an amazing development opportunity, a buy-and-hold opportunity, or fits the home hack investor looking to build equity as an owner-occupant. RA-2 zoning permits moderate and medium-density rowhouses and apartments. By right FAR of 1.8 + additional 0.4 FAR in a penthouse, building height of 50', and lot occupancy of 60% on the 4,214 sq ft lot. Buildings at 1010 and 1022 17th Street NE show the density potential of 10+ units. Currently arranged as a four-unit building, all 2 BR and 1 BA units. Fully tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can vacate one unit for easy move-in, offset expenses with rental income, and build equity fast. The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.

Listing Status:

Active

Date Added:

December 20, 2024 at 06:00AM

Listing Office:

Keller Williams Capital Properties : 2022437700

Listing Agent:

Ty Voyles : 2027258983

MLS ID:

DCDC2167280

Interior

• A/C: Window Unit(s)
• Heating: Hot WaterNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Ty Voyles, Keller Williams Capital Properties