1805 I Street NE
Washington, DC 20002
- – beds
- – baths
- 2,368 sqft
- 2,560 sqft lot
- $320 per sqft
- 1942 build
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Investor/Developer Special! Discover an exceptional investment and development opportunity in the heart of Washington, DC. This 4-unit apartment building, strategically located within a mile of the vibrant H Street Corridor, presents a remarkable chance for investors and developers to capitalize on the city's thriving real estate market. With each unit offering one bedroom and one bathroom, this property holds immense potential to cater to the growing demand for urban living spaces. This property is a true gem for savvy investors and visionary developers seeking a promising venture. With its prime location and the potential for substantial rental income, this 4-unit apartment building is an attractive proposition for those looking to expand their real estate portfolio or make their mark on DC's dynamic property landscape. Positioned less than a mile from the renowned H Street Corridor, residents of this apartment building will enjoy the best of both worlds – a serene residential setting with quick access to the city's most vibrant dining, entertainment, and cultural hotspots. The H Street Corridor is known for its eclectic mix of restaurants, cafes, boutiques, and nightlife, offering a lifestyle that's both convenient and exciting. The property's location becomes even more enticing when considering the surrounding area's development trends. Within the immediate block, neighboring properties have been transformed into multi-unit condo units, demonstrating the demand for modern, upscale housing in this coveted locale. As the city continues to evolve and attract a diverse demographic, this 4-unit apartment building presents a timely opportunity to meet the demand for well-appointed, spacious living spaces. As an investor or developer, the possibilities are boundless. From a buy-and-hold strategy, benefiting from consistent rental income in a high-demand location, to a creative redevelopment project that aligns with the neighborhood's evolving aesthetic – this property serves as a canvas for your real estate aspirations.
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Last updated Dec 10, 2023
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MLS# DCDC2109674 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/30/23
Nov 30, 2023
|
Sold | BRIGHT | $760,000 | -5.0% |
|
10/12/23
Oct 12, 2023
|
Pending | BRIGHT | $799,900 | |
|
9/19/23
Sep 19, 2023
|
Price Changed | BRIGHT | $799,900 | -2.4% |