Sold
CLOSED
2831 Otis St NE
Washington DC, 20018
$399,000
$186.45 per sqft
Sold
CLOSED
3 Beds
1 Bath
2,140 sqft
Residential
Built in 1946
This property offers substantial potential for renovation and expansion. Situated on a spacious 7200 sqft lot with alley access, the house includes a walk-out basement, allowing for expansion on three levels by extending the rear of the property. It is ideal for investors looking to maximize returns through strategic upgrades. Investors take note! This property boasts a prime location on a one-way street directly across from the Missionaries of Charity. The area is witnessing a trend of investors expanding homes and adding garages or accessory dwellings to maximize space and value.
Expansion Potential: With alley access and a walk-out basement, this property offers ample opportunity for renovation and multi-level expansion.
Consider 203k rehab loans or cash purchases to capitalize on this promising investment.
DCDC2145268
MLSⓇ ID
June 16, 2024
Listed
August 29, 2024
Updated
Map
2831 Otis St NE
Washington DC, 20018
Interior Features
Total Stories
3
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Fireplace
Yes
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Colonial
Sewer
Public Sewer
School Information
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Details
Taxes
$5,818
Tax Frequency
Annually
Days on Market
44
Garage
No
Parking
Off Street
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/29/2024 | Sold | $399,000 |
7/29/2024 | Pending | — |
7/16/2024 | Price change | $475,000 -14% |
7/9/2024 | Price change | $550,000 -1% |
7/9/2024 | Price change | $550,001 0% |
6/18/2024 | Price change | $550,000 -16% |
6/16/2024 | Active | — |
Listed by Tanya L Slade, with Long & Foster Real Estate, Inc.
Listing Contact: 5712357191
The IDX display contains information sourced from the Bright MLS, Inc. as of 8/29/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/29/2024 at 2:48 AM UTC
