1419 Minnesota Ave Se, Washington, DC 20020

$799,899
2,280
SqFt

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List Price
$799,899
Price Change
▼ $1 1781208934
Days on Market
63
Status
ACTIVE
MLS#
DCDC2263120
Living Area
2,280
Lot Size (Acres)
0.11
Style
Traditional
Year Built
1939
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

**3-UNIT + BUILDABLE LOT** All-brick detached multifamily asset offering 3,500+ square feet across three levels. Delivered fully vacant with approved plans and permits in hand, presenting a rare opportunity for an incoming investor or owner-occupant to immediately reposition, lease, or occupy the property with no existing leases or tenant obligations to assume. The current configuration includes two upper-level one-bedroom units, each separately metered for gas and electric and featuring a dedicated kitchen, living area, and full bath, evidences efficient long-term operation and expense allocation. The third unit spans 2 levels with independent front and rear access. Approved and permitted plans support an 8+ bedroom, approximately 2,000 square foot high-occupancy layout within this portion of the property. A detached brick garage provides additional storage, parking, or operational flexibility. The approved 8+ bedroom configuration presents compelling operational flexibility for co-living, group home, assisted living, workforce housing, or short-term rental use, asset classes that may generate meaningful yield over conventional residential products in comparable DC submarkets. Alternatively, the property offers a rare opportunity for an owner-occupant to reside in one unit while generating supplemental income from the remaining units to offset monthly carrying costs. Adjacent to park space, the detached nature of the structure may create future flexibility for expansion, vertical addition, or supplemental construction opportunities or leasing, subject to zoning, permitting, and all applicable approvals. Approved plans and permits may significantly reduce upfront planning and entitlement timelines for the next owner. Buyers are responsible for independently verifying zoning, use, density, permitting, development potential, approved plans, square footage, rental assumptions, and all other material property information to their own satisfaction.

Additional Information

Taxes
$5904
School District
District Of Columbia Public Schools
Garage
Yes
Garage Spaces
1
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Compass. Contact: (301) 298-1001