***EXCELLENT OPPORTUNITY FOR DEVELOPER*** 100% FINANCING AVAILABLE***Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. At current, each unit offers 2 bedroom/1 bath with extended bump out. In need of renovation and/or repairs. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 900 s/f each ($485 s/f), Total s/f = 7,200; ARV = $3,492,000. Projected Construction Cost: Acquisition Cost $850,000; Construction Cost: $1,188,000 ($165+ per s/f x 7,200 s/f of living area); Negotiated Brokers Fee (5%); $174,600; Carrying Cost at 13% on $850,000: $221,000 (24 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $2,493,600; Profit: $998,400; ROR: 40%; Very HOT area for new development. Condo conversion projects next door, across the street and three doors down. ENTIRE BUILDING IS VACANT. NO TOPA INVOLVED. PHOTOS DO NOT REPRESENT CURRENT CONDITION.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
95/100
Walk Score ®
63/100
Transit Score ®
92/100
Bike Score ®
9 nearby routes: 8 bus, 0 rail, 1 other
The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 60/100, Bike Score: 62/100.
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1626 NE K STREET NE A
12 bds • 0 ba • 3188 sqft
1013 17TH STREET NE
4 bds • 4 ba • 3188 sqft
1013 17TH STREET NE
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4 bds • 3 ba • 1976 sqft
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1 bds • 0 ba • 3808 sqft
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3 bds • 3 ba • 1440 sqft
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4 bds • 4 ba • 1438 sqft
1146 16TH STREET NE A
4 bds • 4 ba • 1600 sqft
1146 16TH STREET NE B
2 bds • 0 ba • 1440 sqft
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3 bds • 4 ba • 2500 sqft
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4 bds • 2 ba • 1296 sqft
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1938 I STREET NE
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1938 I STREET NE
Source: Realty.com
1017 17TH PLACE NE, WASHINGTON, DC 20002 is a Quadruplex, Residential Income property listed for $849,900 The property is 2810 sq. ft with 8 bedrooms and 0 bathrooms
Realty.com has 44 photos of 1017 17TH PLACE NE.
Our records indicate that 1017 17TH PLACE NE was built in 1936.
The full address for this home is 1017 17TH PLACE NE, WASHINGTON, DC 20002.
1017 17TH PLACE NE has been listed on Realty.com since Tue May 13, 2025
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 62/100, Transit Score: 60/100, Bike Score: 62/100.
There are 3 schools assigned to this home. Check out the schools near 1017 17TH PLACE NE. Thaddeus Stevens Early Learning Center (Grades: PK - PK), Hart Middle School (Grades: 6 - 8), School Without Walls High School (Grades: 9 - 12)
Listing provided courtesy of:
Coldwell Banker Realty - Washington
(tel: 202-387-6180)
Listing agent:
Al Rice
(tel: 202-263-9008)
(#122824)
This content last refreshed on 2025-12-17 11:48:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1017 17TH PLACE NE, WASHINGTON, DC 20002 : MLS# DCDC2187996
