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