Short Sale
Address
4427, 4427 1/2, 4429 Macarthur Boulevard NW Washington, DC
Price
$ 2,500,000
Property Attributes
- MLS#DCDC514986
- TypeCommercial
- CountyWASHINGTON
- CityWashington
- Zip20007
- StyleApartment Building
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6037
Listing Provided Courtesy Of:
Frank Emmet Real Estate, Inc., AMO
Data Source:
Bright MLS - 382 - MD
Property Description
Unique Investment opportunity including 12 Tax Lots 2001- 2012, SQUARE 1363 6 Condominium Apartments plus 6 deeded parking spaces. Revocable Trust from original developer available now as one package for $2.5M. Sale includes one (1) easement to left side of 4429 serving 6 rear parking spaces as well as 6 others properties NOT part of this sale! Hold for Investment, convert to Fee Simple Townhomes, or sell off individual condo apartments. SEE ALSO 4228, 4228 1/2, 4230 & 4230 1/2 River Road NW, 8 Condos + 8 deeded parking spaces for $3.995M, same Revocable Trust a few blocks west of Wisconsin Ave NW @ Tenleytown/AU Metro! 2 apts are vacant so we may show these 2 samples- Apt A is 1 BR 1 Bath, Apt B is 2 BR 1.5 Bath. We are looking for experienced buyers who can successfully navigate DC TOPA with 4 occupied tenants- WE will hold 2 apts vacant during sales process. Offers/LOI's/Contracts are subject to Third Party Approval of Co-Trustees. Building is EXEMPT from DC Rent Control based on development date 1978. See Documents for RENT ROLL. SEE DC TAX & REVENUE WEBSITE FOR SQUARE 1363, LOTS 2001- 2012( 6 condos - 6 parking spaces)
| Price History | |
|---|---|
| 4/3/2021 | Listed $2,500,000 |
General Features
| Acceptable Financing | Cash, Conventional |
|---|---|
| Accessibility | None |
| Business Type | Apartment Building |
| Construction Materials | Brick, Frame |
| Cool Fuel | Electric |
| Cooling | Central A/C, Heat Pump(s) |
| County | WASHINGTON |
| Days on Market | 118 |
| Electric | 120/240V |
| Flooring | Hardwood |
| Heating | Forced Air, Heat Pump - Electric BackUp |
| Historic Y/N | No |
| Legal Subdivision | PALISADES |
| New Construction | No |
| Ownership | Condominium |
| Possession | Settlement |
| Price Per Sq Ft | 414.11 |
| Property SubType | Five Or More Units |
| Property Type | Commercial Sale |
| Property Use | Investment |
| PropertyCondition | Very Good |
| Roof | Flat |
| Sewer | Public Sewer |
| Tax Annual Amount | 0.0 |
| Tax Lot | 2001-2012 |
| Tax Year | 2020 |
| Total Units | 1 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | RA-1 |
| Zoning Description | Low density residential |
Interior Features
| Central Air Y/N | Yes |
|---|---|
| Heating Fuel | Electric |
| Heating Y/N | Yes |
| Hot Water | Electric |
Exterior Features
| Building Area Total | 6037.00 |
|---|---|
| Car Parking Spaces | 6 |
| Fencing Y/n | No |
| Lot Dimensions | irregular, 7, 130 sq feet total |
| Navigable Water Y/N | No |
| Parking Features | Surface, Private, Paved Parking |
| Soil Types | Urban Land-Manor-Gleneig |
| Total Parking Spaces | 6 |
| Type of Parking | Driveway, Parking Lot |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
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 Commercial Average in 20007
Price
Visits
Year Built
Walkscore
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Incline Village Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
