Zemede Bezuneh, Listing Office: Z Realtor LLC
$10,000
closing credit¹
2928 Nelson Pl SE Washington, DC 20019
Property details
About 2928 Nelson Pl SE
Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2154388
- MLS Name: BRIGHT
- Office Name: RE/MAX Allegiance
- Office Phone: (703) 237-9500
- Listing Agent: Sebrin Adem
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Last updated on: 1/27/2025, 1:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,150,000
2928 Nelson Pl SE
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 14, 2022 | Home Sold | $545,000 |
Oct 18, 2005 | Home Sold | $350,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $603,440 | $5,219 |
2022 | $534,620 | $4,544 |
2021 | $491,980 | $4,181 |
2020 | $443,730 | $22,186 |
2019 | $405,830 | $3,449 |
2018 | $371,240 | $3,155 |
2017 | $321,830 | $2,735 |
History based on county public records data.
Nearby schools
4
Randle Highlands Elementary School
Public District EE-5
0.4 mi
•1650 30th St SE
3
Orr Elementary School
Public District EE-5
0.5 mi
•2200 Minnesota Ave SE
4
Kimball Elementary School
Public District EE-5
0.7 mi
•3375 Minnesota Ave SE
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 $28,582. Most Washington, DC residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 2928 Nelson Pl SE in Washington, DC and zip code 20019 in the Greenway neighborhood. This 2,720 square foot home, which was built in 1940, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $1,150,000.
In December 2024, from all listings sold in Washington, DC there were more than 103 sold above asking price, over 258 sold below and more than 113 were sold right at the asked price. Between November and December 2024, Washington, DC real estate market has seen increase in the number of listings by 0.4%. In December 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $676,667.