DC > Washington > Ivy City
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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John Coleman

John Coleman

+1(202) 427-9689
Listed by Desmond Kevin Aberdeen • Compass
$629,999
Est. payment /mo
1,680 SqFt
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UPDATED:

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

Year Built 1951

Annual Tax Amount $898

Tax Year 1996

Lot Size 1,352 Sqft

Acres 0.03

Property Sub-Type Triplex

Source BRIGHT

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

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Bright MLS (BMLS)
agent
John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

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