3001 CHANNING STREET NE, WASHINGTON, DC 20018
WOODRIDGE · WASHINGTON County
Key Facts
Description
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!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Structure Type
House
Year Built
1925
Living Area
3,988 sq ft
Lot Size
0.06 acres
Zoning
RC
Days on Market
1
MLS® Listing#
DCDC2269632
Property Features
- Cooling:
- None
- Heating:
- None
- Basement:
- Full
- Pool:
- None
- Parking:
- Driveway
- Construction:
- Stucco, Wood Siding, Frame
- Foundation:
- Other
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
HOA & Tax
- HOA:
- None
- Annual Tax:
- $17,724 (2025)
- Assessed Value:
- $626,520
- Parcel #:
- 4360//0808
Directions
Take US Alt 1 to Channing NE then the home will be on the right
Affordability Calculator
$119,000
Estimated monthly payment
$3,167/mo
Principal $476,000 · Est. interest $664,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WASHINGTON, DC
- $553,153
- Median Listing Price
- 66
- Median Days on Market
- 1,248
- Median Sq Ft
- $482
- Median Price / Sq Ft
- 2,898
- Active Listings
- This home’s price is 8% above the area median.
- Its price per sq ft is 69% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
Location
- 3001 CHANNING STREET NE, WASHINGTON, DC 20018
Nearby Schools
The Children's Guild DC Public Charter School
Elementary · 0.3 mi away
Friendship Woodridge International Elementary & Middle School
Elementary · 0.5 mi away
Thurgood Marshall Elementary School
Elementary · 0.6 mi away
Langdon Elementary School
Elementary · 0.6 mi away
Academy of Hope Adult Public Charter School
School · 0.6 mi away
St Francis de Sales Catholic School
School · 0.7 mi away
Westlink Career Institute
School · 0.9 mi away
John Burroughs Elementary School
Elementary · 1.0 mi away
Washington United Christian Academy
School · 1.2 mi away
Mt Rainier Elementary School
Elementary · 1.2 mi away
Mary McLeod Bethune Day Academy Public Charter School
School · 1.2 mi away
St. Jerome Institute
School · 1.2 mi away
Perry Street Prep
Elementary · 1.2 mi away
The Sojourner Truth School
Secondary · 1.2 mi away
Browne Education Campus
Elementary · 1.4 mi away
Noyes Elementary School
Elementary · 1.4 mi away
Young Elementary School
Elementary · 1.5 mi away
Two Rivers Public Charter School
Elementary · 1.5 mi away
United Church of Christ
School · 1.5 mi away
St. Anthony Catholic School
School · 1.5 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in WASHINGTON
Listing Courtesy: NetRealtyNow.com, LLC - 7035818605