4338 Sheriff Road NE
Washington, DC, 20019 $ 849,999
Baths0.0 Sq 5,511 Monthly Estimate*
$ 5,649
Studio
for $849,999. This 5,511 square foot building was built in 1953 on a lot size of 0.13.
**INVESTORS DREAM: Prime Real Estate Opportunity with Impeccable Potential** Are you seeking a transformative investment opportunity in the heart of a rapidly developing community? Look no further! This exceptional property is INVESTOR-READY and BRIMMING with potential. Here's why this investment should not be missed. The groundwork is already laid with meticulously crafted architectural drawings **Architectural Drawings for improvements on the property to add two additional units to the already existing lay out of four units, plus build upwards on the current foundation which has already been reviewed and all documentation needed for permits have been obtained. You have the green light to add two additional units and build upwards on the existing foundation. Say goodbye to the bureaucratic red tape, and hello to accelerated progress. **Solid Foundation & Soil Testing** Safety is paramount, and this property has passed rigorous soil and foundation testing. Your investment is grounded on a solid, verified foundation, ensuring long-term structural integrity. **Private Alley & Parking** Convenience and exclusivity go hand in hand with a private alley and designated parking for occupants. Parking space is a prized asset in urban locales, adding value and desirability to your investment. **Mixed-Use Commercial Property** Versatility is your ally. This property boasts mixed-use capabilities, opening doors to diverse revenue streams. Whether it's apartments, a laundromat, or a combination of both, you're in control of your investment's destiny. BEST PART YET - **Vacant & Ready for Renovation** No tenant-related delays or disruptions. The property is vacant, awaiting your vision and transformation. Get started on your investment journey without hesitation. Perfect Location** Situated in the highly sought-after Deanwood Community, conveniently accessible via highways, metro stations, and city roads. The 295 exit to Nannie Burroughs is just around the corner. Embrace the advantages of a burgeoning community with ample potential for growth. Proximity to Transportation** With the Minnesota Avenue, Benning Road, and Deanwood Metro Stations nearby, this property offers excellent commuter access. Plus, major arteries like 295, 395, Anacostia Freeway, New York Avenue, and Benning Road are within easy reach. Surging Development**: Ride the wave of progress. The surrounding area is witnessing rapid development, making this investment not just a choice but a strategic move for the future. This property is presented as-is, granting you the freedom to craft its future. If you're a savvy investor seeking an opportunity brimming with potential and located in one of the most promising communities, don't let this slip through your fingers.
See more
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
See more
GeneralSewer Public Sewer
Heating Heat Pump - Gas BackUp
Cooling Central A/C
Possession Settlement
Zoning MU-3A
Construction Materials Brick
Year Built 1953
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility Other
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions USE GPS
City WASHINGTON
Buyer Agent Compensation 3
Total Units 0
Lot Size Square Feet 5511.00
Waterfront Y/N N
Street Name SHERIFF
Tax Annual Amount 5560.0
Price Per Sq Ft Total 233.0
Acceptable Financing Cash Conventional FHA 203(k)
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 224
Standard Status Active
Year Built Source Assessor
Legal Subdivision Deanwood
Tax Lot 912
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
See more
ExteriorWater Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 3648.00
Lot Size Acres 0.13
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Unknown
Land Assessed Value 218070.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList ByKeller Williams Preferred PropertiesBroker
samantha.porter@kw.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,649
- Monthly Property Taxes
- $463
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Washington, DC
Average List Price $2,349,471
Percent of Sale Price 176%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
11/9/2023 | $849,999 | -5.56% | Price Down |
10/12/2023 | $900,000 | | Listed Price |