Address
1919-1921 18th St 18Th Street NW, Washington, DC
Price
$ 2,650,000
Property Attributes
- MLS#DCDC2090608
- TypeCommercial
- CountyWASHINGTON
- CityWashington
- NeighborhoodAdams Morgan
- Zip20009
- StyleHair Salon and Spa,Health Club,Supermarket/Grocery
- Year Built1925
- Taxes$ 11397
- Price$ 2,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1975
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Price Slashed 200k! Seller says sell. Great investment opportunity in lower Adams Morgan on the fringe of Dupont. Fully tenanted mixed use asset with a NOI of $174,590 annually. Retail space has a long term NNN lease. Residential units are M-T-M. Showings are by appointment only with 48 hour.
| Price History | |
|---|---|
| 4/3/2023 | Listed $2,850,000 |
| 9/7/2023 | 8% - $2,650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air |
| Cooling | Central A/C,Window Unit(s) |
| Utilities | Other |
| Possession | 61-90 Days CD |
| Zoning | MU-4 |
| Construction Materials | Brick |
| Year Built | 1925 |
| Electric | 220 Volts |
| Property SubType | Retail |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Hair Salon and Spa,Health Club,Supermarket/Grocery Store |
| Accessibility | None |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | ADAMS MORGAN |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | @ 18th & Willard St NW |
| ModificationTimestamp | 2024-04-30T15:42:02 |
| City | WASHINGTON |
| Disclosures | Other |
| Total Units | 4 |
| Lot Size Square Feet | 1320.00 |
| Tax Assessed Value | 622570.0 |
| Waterfront Y/N | No |
| Street Name | 18TH |
| Tax Annual Amount | 11397.0 |
| Price Per Sq Ft | 1343.13 |
| Acceptable Financing | Cash,Conventional,Exchange |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 385 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Old City 2 |
| Tax Lot | 152 |
| Total Actual Rent | 174590.00 |
| Cap Rate | 6.13 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Multi-tank |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | None |
| Water View Y/N | No |
| Building Area Total | 1973.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Soil Types | Unknown |
| Land Assessed Value | 569240.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
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
Property vs Commercial Average in 20009
Price
Taxes
Visits
Year Built
Walkscore
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