Bought with Lisa S Wright • Stonegate Realty Group, LLC
$4,500,000
$9,000,000
50.0%For more information regarding the value of a property, please contact us for a free consultation.
8,577 SqFt
SOLD DATE : 07/11/2025
Key Details
Sold Price $4,500,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,577 sqft
Price per Sqft $524
MLS Listing ID DCDC2073186
Sold Date 07/11/25
Year Built 1936
Annual Tax Amount $74,802
Tax Year 2024
Lot Size 0.933 Acres
Acres 0.93
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
5 buildings comprised of 70 1 bedroom units with a a total of 38 occupied units. Buildings are being sold as is and with current tenants. Seller has provided initial notice and will provide TOPA notice again upon execution of a contract. Buildings require major renovations to include plumbing, electrical and heating. Tenants pay electric and owner is responsible for heating and water. Onsite manager will show only 2 vacant units upon a scheduled appointment. Seller asks that you do not disturb the tenants. New buyer will be subject to receivership upon purchase that is currently in place on the current owner.
Location
State DC
County Washington
Zoning RESIDENTIAL
Interior
Hot Water Natural Gas
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Roof Type Tar/Gravel
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2792//0804
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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