Courtesy of Ovgu Aslanturk, Compass haluk.aslanturk@compass.com
Property Description
Investor’s Dream in Prime Washington, D.C. Location Presenting an unparalleled investment opportunity just steps away from Union Station, one of D.C.’s most sought-after hubs. This 16-unit apartment building, perfectly situated in the heart of the city, offers exceptional potential for both short-term and long-term returns. With a 2,500 sq. ft. commercial storefront that can be developed, this property invites endless possibilities, from retail to dining or office space, catering to the constant flow of foot traffic in this bustling area. The units within are well-designed, catering to urban professionals, travelers, and anyone looking for convenience and connectivity in the nation’s capital. -Minutes from Union Station, the epicenter of transportation, dining, and commerce in D.C. -Unlimited Potential: 16 residential units plus a blank canvas storefront – ideal for future development. -Growth Opportunity: Situated in a high-demand rental market with strong appreciation potential. Whether you’re looking to renovate, lease, or develop further, this property is an investor’s dream in one of Washington, D.C.’s most vibrant corridors. Don’t miss out on this rare opportunity to own a prime piece of the capital’s real estate landscape.
Open House
Property Details and Features
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Basement
- Unfinished
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Building
- 8,174 sqft living area
- 4,674 sqft above grade (finished)
- 3,500 sqft below grade (finished)
- Built in 1947
- Major renovation in 2015
- 3 levels
- Brick Front
- Concrete
- Masonry
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Cooling
- Electric
- Natural Gas
- Heat Pump(s)
-
Heating
- Electric
- Natural Gas
- Heat Pump(s)
- Ceiling
- Radiator
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Listing
- 63 days on market
- $492 per sqft
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Location
- County: Washington
- Subdivision: Noma
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Lot
- 2,751 sqft
- 0.06 acres
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Property
- Other Structures: Above Grade,Below Grade
- Soil Types: Urban Land Not Rated
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Schools
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- Elementary School: LUDLOW-TAYLOR
- Middle School: STUART-HOBSON
- High School: DUNBAR SENIOR
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Sewer
- Public Sewer
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Taxes
- City/Town Tax: $35,000
- City/Town Tax Pymnt Freq: Semi-Annually
- Tax Annual Amount: $32,000
- Tax Year: 2024
-
Utilities
- Hot Water: Electric
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This content last updated on November 22, 2024 12:02PM.