3001 Channing St Ne, WASHINGTON, DC 20018
Local realty services provided by:ERA Statewide Realty
3001 Channing St Ne,WASHINGTON, DC 20018
$650,000
- 5 Beds
- 2 Baths
- 7,000 sq. ft.
- Single family
- Active
Listed by:thomas s hennerty
Office:netrealtynow.com, llc.
MLS#:DCDC2184608
Source:BRIGHTMLS
Price summary
- Price:$650,000
- Price per sq. ft.:$92.86
About this home
Discover an incredible investment opportunity with this property offering significant potential. The existing home spans 5,000 sq 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 totaling 14,300 sq ft, providing ample space for various development options.
Investment Opportunities:
Rehab & 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 having a resale value of around $950,000. Legal and contractor consultations have already been completed, and an architect and contractor are ready to start the project.
This property offers a unique chance to maximize your return on investment through either rehabilitation or new construction. Don’t miss out on this exceptional opportunity!
Contact an agent
Home facts
- Year built:1925
- Listing Id #:DCDC2184608
- Added:187 day(s) ago
- Updated:August 17, 2025 at 01:45 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Living area:7,000 sq. ft.
Structure and exterior
- Year built:1925
- Building area:7,000 sq. ft.
- Lot area:0.33 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Price per sq. ft.:$92.86
- Tax amount:$3,271 (2024)
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