Home | Newsletter | Advertise
loading...

Multiple Bids: The 4,000-Square Foot Income Producer

  • May 14th 2013

by Shilpi Paul

✉️ Want to forward this article? Click here.

Multiple Bids: The 4,000-Square Foot Income Producer: Figure 1

In Multiple Bids, UrbanTurf showcases homes that we think will attract the attention of several buyers. This week, we look at a five-level Columbia Heights Victorian with a low price per square foot and many rooms to stretch out in (or rent out).

With almost 4,000 square feet and seven bedrooms, this home is, needless to say, spacious. Besides all the expected rooms, there is a dressing room attached to the master suite, an office/studio, and a one-bedroom basement apartment. A deck in the back looks out into the neighborhood, and two parking spaces exist in the rear.

The price per square footage is strikingly low, at $227, though this is likely due to the larger-than-average size. Is this home destined to be a group house or will it remain as a single-family home? We are betting on the former. More details and photos below.

  • Address: 1358 Kenyon Street NW (map)
  • Price: $899,000
  • Bedrooms: Seven
  • Bathrooms: Five
  • Year Built: 1900
  • Price per Square Foot: $227
  • Listing Agent: Tony Hain, Lindsay Reishman Real Estate

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.5 percent.

  • Loan Amount: $719,200
  • Principal and Interest: $3,229
  • Property Taxes: $163
  • Total Monthly Payments: $3,392

Multiple Bids: The 4,000-Square Foot Income Producer: Figure 2

Multiple Bids: The 4,000-Square Foot Income Producer: Figure 3

Multiple Bids: The 4,000-Square Foot Income Producer: Figure 4

See other articles related to: columbia heights, dclofts, multiple bids

This article originally published at https://dc.urbanturf.com/articles/blog/multiple_bids_4000_square_foot_victorian/7060.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse