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Listed by Shanu Okwesa • Equilibrium Realty, LLC
$ 1,575,000
Est. payment | /mo
5,583 Sqft Lot
$ 1,575,000
Est. payment | /mo
5,583 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DCDC2215578
Year Built 1952
Annual Tax Amount $5,987
Tax Year 2024
Lot Size 5,583 Sqft
Acres 0.13
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Vacant 8 Unit apartment building, completely gutted and rebuilt with all new interiors, mechanical systems, structural improvements and penthouse. Construction is in progress with expected completion by late 2025. Units will be all self-contained featuring in-unit washer/dryers, all electric systems, heat pumps and modern finishes. Seven 2BR and one 1 BR. Great opportunity to purchase a cash-flowing rental property in an up-and-coming area without TOPA. Owner is accepting and reviewing pre-completion offers with negotiable delivery terms. Contact Listing Agent for plans, permits or to view prior to construction completion.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Ballou
School District District Of Columbia Public Schools
Others
Tax ID 6163//0125
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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