




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
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! Showings begin Thursday April 8th- email listing agent for times after 12 Noon! 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. Please HOLD all offers until April 30th, LOI's are acceptable for offers. 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 | 11 |
Electric | 120/240V |
Flooring | Hardwood |
Heating | Forced Air, Heat Pump - Electric BackUp |
Historic Y/N | No |
Legal Subdivision | PALISADES |
New Construction | No |
Ownership | Condominium |
Parking Features | Surface, Private, Paved Parking |
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 |
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
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool