515 M STREET NE, WASHINGTON, DC 20002

$799,000
3 Bed
2 Full Bath
ACTIVE
Walker's Paradise
Avatar for McEnearney Associates Inc, Realtors

McEnearney Associates Inc, Realtors

Direct:
877-624-9322

Contact us for more information or to schedule a showing.

Description

Owner is also selling 517 M St, NE. It is a conversion project. The plans are ready for 2 duplexes each lot. The demolition has been done. Great opportunity for investors in the H Street Corridor near Capitol Hill & Union Market. SELLER IS WORKING ON THE PERMITS FOR 2 UNITS.

Property Details

MLS #

DCDC427140

Status

ACTIVE

Type

Residential

Subtype

Detached

Style

Contemporary

Beds

3

Full Baths

2

Levels

3

Total Sqft

1,024

Lot Size

1,800 square feet

Current Price

$799,000

Ownership Type

Fee Simple

Listed

May 15, 2019

Days on Market

40

Subdivision

OLD CITY #1

County/City

WASHINGTON

City Tax

$29,158.00 (Annually)

Parking

Driveway


ADDITIONAL PROPERTY DETAILS

Year Built

1890 (129 years)

Architecture Style

Contemporary

Parking Included

No

Parking

Driveway

HOA

No

Levels

3


Utilities

Sewer/Septic

Public Sewer

Water

Public


INTERIOR

Basement

Yes

Basement Type

Daylight, Full

Attic

No


Assessment Information

Year

2018

Total Assessment

$614,000.00


LOT & LAND

Acreage

0.04

Lot Size

1,800 square feet

Soil Type

Unknown

Other Structures

  • Above Grade
  • Below Grade

Water

Water Oriented

No

Riparian Rights Convery

No

Water Access

No

Water Front

No

Water View

No

Navigable Water

No

Physical Docks

No

Walker's Paradise
Select a Point of Interest and Radius from the form above.

Old City

In the 1790s, Notley Young acquired a large parcel of land from several different landowners and named it Youngsborough. Shortly after he gave the land to the Federal government in exchange for a promise that Congress would re-divide up the land and return half the lots to the original landowners.

When D.C. became the nation’s capital, a grid system was formed laying out a northern border of Boundary Street (now Florida Avenue) for the city limits. The Old City area remained underdeveloped farmland until the construction of the Washington Branch of the B&O Railroad. This construction helped create a neighborhood with wood and coal yards to serve the railroad system. The growth of jobs spurred the construction of houses for the employees shortly thereafter.

The streetcar also contributed to the growth in Old City around the H Street Corridor, as it was the eastern terminus of the line. H Street became populated with commercial lots turning it into one of the most important shopping spots in Washington, D.C.

Quality of Life:

The community is comprised of mostly row houses. Life in Old City is centered around the H Street corridor, which boasts a variety of eclectic restaurants and entertaining nightlife. Several theaters have recently been constructed.

Getting Around:

Old City does not have a dedicated Metro station. However, the Red Line at Union Station is nearby. There is Metro Bus service to and from the Chinatown/Gallery Place Metro station.

Airports:

Ronald Reagan National Airport:  < 10 miles
Washington-Dulles International Airport:  < 30 miles
Baltimore-Washington International Airport:  < 35 miles 

 

With our relationship with Atlantic Coast Mortgage, LLC, we’re able to provide the full spectrum of mortgage services, from online pre-approval to a guiding hand throughout the entire financing process.

24 Listings / 0.30 Radius