Listed By:
Engel & Volkers Washington, DC
Address
1861 Mintwood Place NW, Washington, DC
Price
$ 1,600,000
Property Attributes
  • MLS#DCDC2103508
  • TypePending
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodKalorama Triangle
  • Zip20009
  • StyleApartment Building
  • Year Built1900
  • Taxes$ 12382
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5632
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

This 7-unit investment property in Kalorama Triangle is RA-2 zoned and is 5,632 finished sq ft on a 2,422 sq ft lot. There is a C of O for seven units. Current rental income is low due to long-term tenants at below market rates, but a great opportunity over time The unit mix is currently configured as one studio, five 1 bedrooms, and one 2 bedrooms. There is a large common hallway and stairwell that serves six of the units while the basement is a walk-out with a separate entrance. Currently six of the seven units are occupied and all are month-to-month terms. The building condition is sound, but many finishes are dated. The building is just one block away from Columbia Road and the main strip in Adams Morgan and just 2 blocks to the nearest metro station. This quiet street is tucked away from the lively and energetic areas surrounding it and is surrounded by beautiful trees and neighborhood parks. There is a large 2-car garage accessed by the alley.

Price History
7/11/2023 Listed $1,999,999
12/28/2023 20% - $1,600,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling None
Possession Subject to Existing Lease,Immediate,Negotiable
Zoning RA-2
Construction Materials Brick
Year Built 1900
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction No
Property Type Commercial Sale
Subdivision Name KALORAMA TRIANGLE
Water Access Y/N No
Property Use Investment
Status PENDING
Directions Mintwood Place NW
ModificationTimestamp 2024-03-19T14:04:47
City WASHINGTON
Buyer Agent Compensation 2.5
Total Units 7
Lot Size Square Feet 2422.00
Tax Assessed Value 1557160.0
Waterfront Y/N No
Street Name MINTWOOD
Tax Annual Amount 12382.0
Price Per Sq Ft 284.09
Historic Y/N Yes
Vacation Rental Y/N No
Days on Market 254
Standard Status Pending
Year Built Source Assessor
Legal Subdivision Kalorama
Tax Lot 807
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 5
Heating Y/N Yes
Street Suffix PLACE
Central Air Y/N No
Total Restrooms 7
Entry Level 2

Exterior Features

Water Source Public
Total Parking Spaces 2
Type of Parking Private Garage
Water View Y/N No
Building Area Total 5632.00
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Chillum-Urban Land Complex
Land Assessed Value 263760.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 2

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 Pending Average in 20009

Price
AVG $740K
$1.6M
Taxes
AVG $19,331
$12,382
Visits
AVG 180
445
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1900
Walkscore
AVG 92
88
Data Provided by Walkscore® not using MLS data

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