968 MOUNT OLIVET RD NE new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
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 is a prime investment opportunity in the Ivy City neighborhood of Washington, D.C. This three-unit multifamily building is situated on a 0.0300-acre parcel and is classified under Property Class Code 023. It offers three one-bedroom units with approximately 1,352 rentable square feet.
The property's strategic location provides excellent accessibility. It is just one block from the Mt. Vermin Sq 7th St—Convention Center Metro Station (Green/Line) and a short distance from NoMa-Gallaudet and the bustling retail areas around Union Station. This makes it highly attractive for tenants seeking convenience and connectivity.
The Ivy City submarket is known for its desirability. With a median household income of $107,000 and a low vacancy rate of 3.33%, these factors, combined with the property's central location, strong occupancy, and potential for value-added improvements, make 968 Mount Olivet Rd NE a compelling investment in a thriving rental market.
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