Property Attributes
- MLS#DCDC2124320
- TypeCommercial
- CountyWASHINGTON
- CityWashington
- NeighborhoodGeorgetown
- Zip20007
- StyleApartment Building
- Year Built1968
- Taxes$ 24579
- Price$ 3,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9657
- Lot Size0.11 Acres
Data Source:
Bright MLS
Property Description
A "trophy" residential apartment building (approx. 10,000 sq. ft.) located in historic Georgetown across from Rose Park and only a few blocks from the Dupont Circle Metro station. An extremely well-maintained building consisting of 13 one bedroom apartment units with "open" floor plans, most have balconies and they're separately metered for electricity. It is an all electric building (no gas), has a lobby, laundry room, roof top terrace, and on-site parking (6 cars). Gross Annual Rental Income: $260,160. Excellent Tenant Payment History.....Below Market Rents....Extremely Low Vacancy Rate ***SELLER FINANCING POSSIBLE***
Price History | |
---|---|
1/12/2024 | Listed $4,250,000 |
5/9/2024 | 10% - $3,850,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Baseboard - Electric |
Cooling | Wall Unit,Window Unit(s) |
Utilities | Electric Available,Sewer Available,Water Available |
Possession | Other |
Zoning | RES |
Security Features | Intercom |
Construction Materials | Brick |
Year Built | 1968 |
View | Park/Greenbelt,Panoramic |
Property SubType | Five Or More Units |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Apartment Building |
Accessibility | None |
County | WASHINGTON |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | GEORGETOWN |
Water Access Y/N | No |
Property Use | Investment |
Transportation | Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile |
Status | ACTIVE |
Directions | From Wisconsin Avenue (the heart of Georgetown) take P Street east to 2515 P Street |
ModificationTimestamp | 2024-05-22T01:43:45 |
City | WASHINGTON |
Buyer Agent Compensation | 2.5 |
Disclosures | Owner RE Licensee,Under Lease,Lead Based Paint - Federal,Lead Based Paint - State,Exempt - Disclosure/Disclaimer |
Total Units | 13 |
Lot Size Square Feet | 4591.00 |
Tax Assessed Value | 2891670.0 |
Waterfront Y/N | No |
Street Name | P |
Tax Annual Amount | 24579.0 |
Property Condition | Very Good |
Price Per Sq Ft Total | 398.67 |
Vacation Rental Y/N | No |
Days on Market | 132 |
Standard Status | Active |
Year Built Source | Assessor |
Legal Subdivision | Georgetown |
Tax Lot | 104 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Electric |
---|---|
Flooring | Carpet,Ceramic Tile |
Hot Water | Electric,Multi-tank |
Total Stories | 4 |
Heating Y/N | Yes |
Street Suffix | STREET |
Central Air Y/N | No |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 6 |
Type of Parking | Driveway,Parking Lot |
Water View Y/N | No |
Building Area Total | 9657.00 |
Lot Size Acres | 0.11 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Soil Types | Urban Land-Manor-Glenelg |
Land Assessed Value | 641640.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Car Parking Spaces | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool