$ 629,999
-
$629,999
Price -
3
Bed - Bath
-
1,680
SqFt
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About the Listing COMPS10 - 123693
968 Mount Olivet Rd NE presents a prime value-add opportunity in the heart of Ivy City, one of D.C.’s most rapidly evolving neighborhoods. This three-unit multifamily property offers three one-bedroom units totaling approximately 1,352 rentable square feet on a 0.03-acre parcel (Property Class Code 023). Strategically located just minutes from Union Market, NoMa-Gallaudet, and Union Station, the property provides excellent access to public transportation and major commuter routes. With the Washington Commanders returning to a new stadium just 2.6 miles away, the surrounding area is poised for a surge in economic activity, infrastructure investment, and long-term appreciation, further enhancing the upside of this investment. In a submarket with a median household income of $107,000 and a vacancy rate of just 3.33%, 968 Mount Olivet offers strong rental demand with the potential for increased cash flow through targeted improvements. Ideal for investors looking to renovate and capture growth in a thriving, centrally located corridor of Washington, D.C.
Listing Highlights for 968 Mount Olivet Rd NE
Status
Active
Days on Site
210
Property Type
Multi-Family
MLS ®
DCDC2174540
Year Built
1951
Total Square Footage
1,680
Lot/Acreage
0.03
Interior Details
- Bedrooms: 3
- Bathrooms: Full
- Appliances: Oven/Range - Gas, Refrigerator
- Air Cond:
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1680
- Below Ground Sq Ft: n/a
- Basement:
- Other: Window Treatments
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: R4
- Roof: Metal
- Others: Fire Escape
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $898
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 1996
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Listing Location
Questions About..
968 Mount Olivet Rd NE Washington, DC 20002
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