2303 17TH Street NW

Description

* * * MULTIFAMLY INVESTOR ALERT * * * $100K PRICE REDUCTION. IF AN OFFER IS RECEIVED BY MAY 22, THE BUILDING CAN BE DELIVERED FULLY VACANT. Welcome to 2303 17th St NW located in the desirable Adams Morgan next to Meridian Hill Park with excellent access to U Street Corridor and Dupont Circle coffee shops, restaurants and grocery stores (Harris Teeter). Good location for transit, a walkable distance to downtown. RARE Opportunity to own a multifamily with Certificate of Occupancy for 3 units. This gorgeous 3 story 3 unit multifamily home was rebuilt in 2002 from a 1912 single-family house into a three story-three apartment building. Everything but the walls was replaced with new construction. The building has three spacious 1 bedroom/1 bath units, approximately 600 sqft each, separately metered for gas and power. The top floor has a balcony and 13 foot high cathedral ceilings. The English basement gets a good amount of sun light and has a separate entrance. RA2 zoning. All units have energy-efficient windows, central AC, cost-effective natural gas heating, recess lighting, laminate or LVP flooring, Ikea kitchens, washer/dryer in every unit. Recent updates include full renovation of all bathrooms (2018), kitchen updates (2018), new roof (2019), brand new LVP flooring in English basemen (2023). Two of the units are currently rented. A potential buyer can either take over the existing leases and use the house as an investment property or combine the main and top level units into a primary residence and use the basement unit as a rental or AirBnB option.