3001 CHANNING ST NE, Washington, DC 20018
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Ram Bala

Ram Bala

+1(703) 403-5338
Listed by Mr. Tom S Hennerty • NetRealtyNow.com, LLC
$ 595,000
Est. payment /mo
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Active

3001 CHANNING ST NE Washington, DC 20018

5 Beds

2 Baths

3,988 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,988 sqft

Price per Sqft $149

Subdivision Woodridge

MLS Listing ID DCDC2269632

Style Craftsman

Bedrooms 5

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 2,353

Year Built 1925

Annual Tax Amount $17,724

Tax Year 2025

Lot Size 2,710 Sqft

Acres 0.06

Property Sub-Type Detached

Source BRIGHT

Property Description

Discover an incredible investment opportunity with this property offering significant potential. The existing home spans 5,000 sq ft and includes 5 bedrooms and 2 bathrooms. It is a blank canvas, needing a full rehab down to the studs. An added bonus is the garage, which has the potential to be converted into an Accessory Dwelling Unit (ADU).

The property sits on four plots totaling 14,300 sq ft, providing ample space for various development options.

Investment Opportunities:

Rehab & Convert: Rehab the current home and convert the garage into an ADU. Rehab quotes are estimated at $250,000, with an After Repair Value (ARV) of approximately $1.5 million.

New Construction: Alternatively, you can build 2-3 duplexes on the land, with each unit having a resale value of around $950,000. Legal and contractor consultations have already been completed, and an architect and contractor are ready to start the project.

This property offers a unique chance to maximize your return on investment through either rehabilitation or new construction. Don't miss out on this exceptional opportunity!

Location

State DC

County Washington

Zoning RC

Rooms

Basement Full

Main Level Bedrooms 5

Interior

Hot Water Other

Heating None

Cooling None

Fireplaces Number 1

Fireplace Y

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Other

Above Ground Finished SqFt 2353

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 4360//0808

Ownership Fee Simple

SqFt Source 3988

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Ram Bala

Ram Bala

Agent | License ID: VA:0226036501 MD:576134

+1(703) 403-5338

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3001 CHANNING ST NE

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