Washington, DC 20002,968 MOUNT OLIVET RD NE
Washington, DC 20002,968 MOUNT OLIVET RD NE
Washington, DC 20002,968 MOUNT OLIVET RD NE
Washington, DC 20002,968 MOUNT OLIVET RD NE
Washington, DC 20002,968 MOUNT OLIVET RD NE
Washington, DC 20002,968 MOUNT OLIVET RD NE
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Listed by Desmond Kevin Aberdeen • Compass
$ 629,999
Est. payment | /mo

1,680 SqFt


Save
$ 629,999
Est. payment | /mo
Save

1,680 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $374

Subdivision Ivy City

MLS Listing ID DCDC2174540

Style Other

Abv Grd Liv Area 1,680

Originating Board BRIGHT

Year Built 1951

Annual Tax Amount $898

Tax Year 1996

Lot Size 1,352 Sqft

Acres 0.03

Property Sub-Type Triplex

Property Description

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.

Location

State DC

County Washington

Zoning R4

Interior

Interior Features Window Treatments, Other

Hot Water Natural Gas

Heating Radiator

Cooling None

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Window Features Casement,Storm

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Metal

Accessibility Level Entry - Main

Garage N

Building

Lot Description Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4039//0809

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Other, Conventional, FHA, VA

Listing Terms Other, Conventional, FHA, VA

Financing Other,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

+1(443) 827-0700

debbie@theweymouthgroup.com

8825 Stanford Blvd #300, Columbia, MD, 21045

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968 MOUNT OLIVET RD NE