Price Reduction
Address
500 Irving Street NW Washington, DC
Price
$ 849,000
Property Attributes
  • MLS#DCDC479220
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • Zip20010
  • Style
  • Year Built1914
  • Taxes5396
  • Price$ 849,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
RE/MAX Allegiance
Property Description

Pleased to present the opportunity to acquire 500 Irving Street NW, a property zoned for mixed usage, renovated and to be delivered vacant. Comprised of 3 levels, each floor has been modernized with open spans, expansive ceiling heights, a full bathroom on each floor and wired in high-speed internet. On the main level there is a rotating wall that allows the layout of the room to be adapted in seconds. Natural light drenches in from the south facing windows and street level entry door. The all brick exterior stands on a corner lot that blends in with the neighborhood yet highly visible to the 10k+ commuters that ride pass each day. At present, the entire space is used as a commercial office and falls under the RF-1 zoning class that is defined to allow the operation of up to two separate units. The entire space or just the 2nd level can easily be converted into a residence as there is a kitchen and separate rear entry door already in place. This is an excellent opportunity for an owner occupier who wants to acquire a well maintained property to run their business or for an investor looking for an ad value asset with tremendous upside. 500 Irving Street NW is walking distance to DCs top rated dining/nightlife/shopping areas and to the Columbia Heights and Petworth metro. Due to its proximity close to the Old Soldiers Home, McMillan Reservoir, Howard University and Georgia Avenue, the property stands to benefit from developments taking place now and in the near future.

Price History
7/27/2020 Listed $897,000
10/18/2020 5% - $857,000
10/25/2020 1% - $849,000

General Features

Accessibility Level Entry - Main
Architectural Style Other
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County WASHINGTON
Garage Y/N No
Heating Central
High School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Legal Subdivision COLUMBIA HEIGHTS
New Construction No
Numberofunitsvacant 2
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession 0-30 Days CD
Price Per Sq Ft 533.29
Property SubType Duplex
Property Type Multi-Family
Real Estate Owned Y/N No
Rent Control Y/N No
Roof Flat
Sewer Public Sewer
Structure Type Twin/Semi-Detached
Tax Year 2019
Total Units 2
Two Bedroom 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning RF-1
Zoning Description Maximum of 2 residential units. Can be built up to 3 stories.

Interior Features

Basement Fully Finished
Basement Y/N Yes
Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Living Area 1592
Three Bedroom Units Count 1
Total Rooms 3

Exterior Features

Lot Size Acres 0.02
Lot Size Source Assessor
Lot Size Square Feet 1000.00
Navigable Water Y/N No
Pool Y/N No Pool
Soil Types Urban Land-Sassafras-Chillum
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 20010

Price
AVG $1.53M
$850K
Taxes
AVG $5,029
$5,396
Visits
AVG 69
140
Year Built
AVG 1944
1914
Walkscore
AVG 94
91
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.