1500 OATES STREET NE

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Address: 1500 Oates St NE, Washington, DC 20002, USA
Created date: June 20, 2024
Date last updated: June 20, 2024

Property Description

WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units (which are rented out), for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! Showing will be by Appointment only, with the Listing agent. Buyer must provide an approval letter from a local reputable lender, before the appointment will be set. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! I will need to have a conversation with your Lender before showing, or a Bank Statement and a Real Lender letter. No Hard Money Buyers. Buyer must show Proof of Funds in the Bank under their name!!! The open house will be this coming Saturday from 1:30 - 3:00 pm. Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,499,999
No. of Units: 4
Year Built: 1938
Lot Size: 3,602.00 Sq ft
Opportunity Zone: No
Price per unit: $375,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1500 OATES STREET NE, WASHINGTON, DC 20002, USA
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