Washington, DC 20018,3001 CHANNING ST NE
Washington, DC 20018,3001 CHANNING ST NE
Washington, DC 20018,3001 CHANNING ST NE
Washington, DC 20018,3001 CHANNING ST NE
Washington, DC 20018,3001 CHANNING ST NE
Washington, DC 20018,3001 CHANNING ST NE
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William Kane Halick, MBA

William Kane Halick, MBA

+1(973) 354-5000
$ 765,000
Est. payment | /mo

5 Beds

2 Baths

5,000 SqFt


Save
$ 765,000
Est. payment | /mo
Save

5 Beds

2 Baths

5,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $153

Subdivision Woodridge

MLS Listing ID DCDC2151816

Style Other

Bedrooms 5

Full Baths 2

HOA Y/N N

Abv Grd Liv Area 3,500

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $1,451

Tax Year 2023

Lot Size 0.328 Acres

Acres 0.33

Property Description

Asking Price: $849,000

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 R

Rooms

Basement Full

Main Level Bedrooms 5

Interior

Hot Water Other

Heating None

Cooling None

Fireplaces Number 1

Fireplace Y

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

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 Estimated

Acceptable Financing Cash, Private

Listing Terms Cash, Private

Financing Cash,Private

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Thomas S Hennerty • NetRealtyNow.com, LLC
agent-avatar

Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

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3001 CHANNING ST NE