See all 4 photos
4 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,650,000
Est. payment /mo
30,652 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 30,652 sqft
Price per Sqft $53
MLS Listing ID DCDC2175986
Originating Board BRIGHT
Annual Tax Amount $41,933
Tax Year 2024
Lot Size 0.667 Acres
Acres 0.67
Property Sub-Type Five Or More Units
Property Description
.67 acre parcel sold with approved plans and permits to build a 28-unit building consisting of (26) 4bd/2ba ; (1) 3bd/2ba; (1) 1bd/1ba apartments. Based on current rents in area , projected gross revenue is $1,061,520 annually and projected net revenue is $784,000.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 18.0
Water Access N
Accessibility None
Total Parking Spaces 18
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5740//0349
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Listed by Michael A Taylor • Cummings & Co. Realtors