$1,600,000
$1,600,000
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5,632 SqFt
SOLD DATE : 04/30/2024
Key Details
Sold Price $1,600,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,632 sqft
Price per Sqft $284
Subdivision Kalorama Triangle
MLS Listing ID DCDC2103508
Sold Date 04/30/24
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $12,382
Tax Year 2022
Lot Size 2,422 Sqft
Acres 0.06
Property Description
This 7-unit investment property in Kalorama Triangle is RA-2 zoned and is 5,632 finished sq ft on a 2,422 sq ft lot. There is a C of O for seven units. Current rental income is low due to long-term tenants at below market rates, but a great opportunity over time The unit mix is currently configured as one studio, five 1 bedrooms, and one 2 bedrooms. There is a large common hallway and stairwell that serves six of the units while the basement is a walk-out with a separate entrance. Currently six of the seven units are occupied and all are month-to-month terms. The building condition is sound, but many finishes are dated. The building is just one block away from Columbia Road and the main strip in Adams Morgan and just 2 blocks to the nearest metro station. This quiet street is tucked away from the lively and energetic areas surrounding it and is surrounded by beautiful trees and neighborhood parks. There is a large 2-car garage accessed by the alley.
Location
State DC
County Washington
Zoning RA-2
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2549//0807
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Hien T Ngo • Metro Homes Realty, Inc.