Bought with Marina L Askaryar • Home Theory, LLC
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Key Details
Sold Price $3,400,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,657 sqft
Price per Sqft $352
Subdivision Georgetown
MLS Listing ID DCDC2124320
Sold Date 05/30/25
Year Built 1968
Annual Tax Amount $25,139
Tax Year 2024
Lot Size 4,591 Sqft
Acres 0.11
Property Sub-Type Five Or More Units
Source BRIGHT
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 Rent Income: $262,440. Excellent Tenant Payment History.....Below Market Rents....Extremely Low Vacancy Rate ***SELLER FINANCING POSSIBLE***
Location
State DC
County Washington
Zoning RES
Interior
Hot Water Electric, Multi-tank
Heating Baseboard - Electric
Cooling Wall Unit, Window Unit(s)
Flooring Carpet, Ceramic Tile
Heat Source Electric
Exterior
Garage Spaces 6.0
Utilities Available Electric Available, Sewer Available, Water Available
Water Access N
View Park/Greenbelt, Panoramic
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 1264//0104
Ownership Fee Simple
SqFt Source Assessor
Security Features Intercom
Special Listing Condition Standard
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