1001 RHODE ISLAND AVE NE, Washington, DC 20018
1001 RHODE ISLAND AVE NE, Washington, DC 20018
1001 RHODE ISLAND AVE NE, Washington, DC 20018
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Listed by Stephanie Young • CENTURY 21 New Millennium
$7,250,000
Est. payment /mo
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0.31 Acres Lot
Pending

1001 RHODE ISLAND AVE NE Washington, DC 20018

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Hope Greenlee

Hope Greenlee

+1(443) 743-0551

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DCDC2218590

Year Built 2025

Annual Tax Amount $5,737

Tax Year 2024

Lot Size 0.308 Acres

Acres 0.31

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Incredible opportunity for investor to take ownership of a newly built 18-unit condominium building on Rhode Island Ave in Northeast DC. This sleek, modern building in Brentwood offers secure entry and elevator service to four floors of residential units, plus a rooftop party suite with a full kitchen, bathroom, and exterior rooftop terrace access. The units themselves are light, bright, and spacious, featuring high ceilings, upgraded lighting and plumbing fixtures, open floor plans, plenty of windows in every room, and LVP flooring throughout. The kitchens sparkle with upgraded countertops and stainless-steel appliances. The 18 units include a mix of three 1 BR 1 BA, three 2 BR 1 BA, eleven 2 BR 2 BA, and one 2 BR, 2.5 BA units. The sizes vary from 600 SF up to 1,410 SF, with most being 800-900 SF. Located near the Rhode Island Ave/Brentwood Metro station, with shopping, dining, and entertainment options in every direction, with anchor stores like Giant and Home Depot nearby. The rear parking lot offers residents the convenience of private parking. NOTE: This is a short sale, and the sale is subject to bankruptcy court approval. The entire building is being offering for sale, not the individual condos. The total building is estimated to be 18,000 SF but is not reflected on tax records yet, which show previous building size. The new owner will then have the opportunity to sell the individual units at market prices or convert the use to a multifamily property.

Location

State DC

County Washington

Zoning RA-1 RESIDENTIAL APARTMEN

Interior

Hot Water Electric

Heating Forced Air, Central

Cooling Central A/C

Flooring Ceramic Tile, Luxury Vinyl Plank

Heat Source Electric

Exterior

Garage Spaces 14.0

Water Access N

Accessibility Elevator

Total Parking Spaces 14

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3870//0058

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA, Negotiable

Listing Terms Cash, Conventional, FHA, VA, Negotiable

Financing Cash,Conventional,FHA,VA,Negotiable

Special Listing Condition Short Sale

Bright MLS (BMLS)

Nearby Locations

Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Phone +1(443) 743-0551

Address 1425 Clarkview Rd, Baltimore, MD 21209, USA

Website https://hopegreenleerealtor.com/

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

Hope Greenlee

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Phone

+1(443) 743-0551

Address

1425 Clarkview Rd, Baltimore, MD 21209, USA

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