#DCDC2189396, Lorin Mones, Listing Office: RLAH @properties
1905 2nd St NE Washington, DC 20002
Property details
About 1905 2nd St NE
THE OPPORTUNITY: 1905 2nd Street NE is a four-unit property located in the heart of Eckington, with three two-bedroom/one-bathroom units and one one-bedroom + den unit. The Property has been fully renovated with high end finishes as of this month, and will convey vacant for ease of transaction. This beautifully renovated building in the burgeoning area of Eckington is a fantastic opportunity for both live-in occupants and local investors, alike. TURNKEY ASSET: 1905 2nd Street NE will deliver completely renovated with high- end finishes, including: Frigidaire Appliances, Arabesque Quartz Countertops, Italian Porcelain Bathroom Tiles, and Recessed Lighting throughout. New HVAC systems (central heat and air conditioning), and in-unit washer dryers are also big attractors for new residents. New ownership will have the benefit of minimal capital expenditures moving forward, as a result of these recent improvements. TOPA-EXEMPT: Since the 1905 2nd Street NE will convey vacant, a new buyer would be able to quickly close the transaction without the encumbrance of extended closing timelines associated with the Tenant Opportunity to Purchase Act (TOPA). New ownership will also be able to tenant the property as they see fit, further adding to the ease of ownership moving forward. RENT CONTROL EXEMPT: Being under five units, the asset is not subject to restrictive Rent Control laws and the inefficiencies associated with ensuring compliance. As rents continue to rise, ownership will have the ability to match future rents with the market. BUILD EQUITY AT A DISCOUNT: With the number of loan products out there for first time buyers, new ownership will have the ability to build equity at a discount compared to local rents. Occupy a two-bedroom unit while renting out the other three units and pay significantly less in monthly mortgage than market rent for this unit type.
Highlights
(ACTIVE UNDER CONTRACT)
Summary
- Parking: On Street
- Architectural Style: AirLite
- Heating: Hot Water
- Cooling: None
- List Price: $1,400,000
- Price/SqFt: $475
- Annual Tax Amount: $7,889
- Tax Year: 2023
- Directions: use navigation system
- Year Built: 1938
- Living Area: 2,944 SqFt
- Lot Size: 0.06 Acres
- MLS Number: DCDC2187902
- MLS Name: BRIGHT
- Office Name: Greysteel Company LLC
- Office Phone: (202) 280-2722
- Listing Agent: Ari Firoozabadi
- Agent Phone: (202) 280-2722
- Agent Email: midatlanticmf@greysteel.com
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Last updated on: 4/29/2025, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
1905 2nd St NE
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 09, 2005 | Home Sold | $160,000 |
Feb 12, 1998 | Home Sold | $90,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $928,200 | $7,889 |
2022 | $874,060 | $43,703 |
2021 | $811,740 | $40,587 |
2020 | $761,060 | $38,053 |
2019 | $708,910 | $6,025 |
2018 | $664,080 | $5,644 |
2017 | $612,660 | $5,207 |
History based on county public records data.
Nearby schools
3
Langley Elementary School
Public District EE-5
0.2 mi
•101 T St NE
7
Harmony Dc Public Charter School - School of Excellence
Public Charter KG-5
0.2 mi
•62 T St NE
4
Mundo Verde Bilingual Public Charter School - J.F. Cook
Public Charter PK-5
0.6 mi
•30 P St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,886. The most common annual income of people living in Washington, DC is less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1905 2nd St NE in Washington, DC and zip code 20002 in the Eckington neighborhood. This 2,944 square foot home, which was built in 1938, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $1,400,000.
Washington, DC housing market in March 2025 saw over 66 listings sold above listed price, more than 81 sold at listed price and over 170 sold below. The inventory of homes for sale in Washington, DC between February and March 2025 increased by 40.4%. Listings spent 55 days on the market in March 2025, and had a median list price of $672,196 during the same period.