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Image 1 - 3001 Channing St NE, Washington, District of Columbia, 20018 - House for sale
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Channing St Ne, Washington, Home For Sale
3001 Channing St NE, Washington, District of Columbia, 20018

Channing St Ne, Washington, Home For Sale

house for sale
Listed: Today

3001 Channing St NE, Washington, District of Columbia, 20018

5 Bed:
2 Bath:
5,000 Sq Ft Living Area:
Save
Price
$ 849,000

About This House

Asking Price: $849, 000Discover an incredible investment opportunity with this property offering significant potential. The existing home spans5, 000sq ft and includes 5 bedrooms and 2 bathrooms. It is a blank canvas, needing a full rehab down to the studs. An added bonus is the garage, which has the potential to be converted into an Accessory Dwelling Unit (ADU). The property sits on four plots totaling14, 300sq ft, providing ample space for various development options. Investment Opportunities: Rehab and Convert: Rehab the current home and convert the garage into an ADU. Rehab quotes are estimated at$250, 000,with an After Repair Value (ARV) of approximately $1.5 million. New Construction: Alternatively, you can build 2-3 duplexes on the land, with each unit …  Full description

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Gateway Housing & Living

Household Income

Median household income: $85,203
Number of households: 287,476
The average household income in Washington, DC grew from $82,372 to $85,203 in the past year. This data is an estimate based upon 287,476 households in Washington, DC.
The chart below presents how household income is distributed in Washington, DC in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Washington, DC compared to median property taxes around the country. The prevalent amount of property taxes in Washington, DC equals $3k+ , which is more than the national average.