Washington, DC 20001,3 NEW YORK AVE NW
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Listed by Payam Bakhaje • Realty ONE Group Capital
$ 1,194,998
Est. payment | /mo

2,040 SqFt


Save
$ 1,194,998
Est. payment | /mo
Save

2,040 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $585

Subdivision Noma

MLS Listing ID DCDC2192168

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $6,262

Tax Year 2024

Lot Size 889 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Property Description

Investment Opportunity: Fully Renovated Property with Income Potential

This prime property, owned by a licensed realtor, presents a fantastic investment opportunity. With an application already submitted for a Bed and Breakfast or Small Motel license, we are currently awaiting DC review. The property is ideally suited for a variety of businesses, including short-term rentals, offering excellent potential for high returns.

Proven Profit: The property generated over $118,000 in estimated profits last year—demonstrating its strong income potential.
Two Fully Renovated Units:
Basement Unit: Features a 1-bedroom, 1.5-bathroom layout, perfect for a private rental or guest suite.
Upstairs Unit: Offers 3 spacious bedrooms, 1 bathroom, and modern finishes throughout.
Both units boast gourmet kitchens, upgraded in 2021, providing high-end living for tenants or guests.

Security & Privacy: The property is secured with a fenced-in yard and a gated entry, ensuring peace of mind for residents and guests.
This property is ready to deliver strong returns, whether you're looking to operate a short-term rental, B&B, or small motel. Don't miss out on this incredible opportunity to own a fully renovated, income-generating property in a sought-after location.

Location

State DC

County Washington

Zoning MU-4

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling None

Flooring Other

Heat Source Electric

Exterior

Utilities Available Electric Available, Water Available, Sewer Available, Cable TV Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Sewer Public Septic, Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 0617//0165

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

GET MORE INFORMATION

agent
Monarch DMV

Real Estate Team

+1(240) 220-9896 | info@monarchdmv.com

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3 NEW YORK AVE NW