$1,850,000
$1,950,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
5,600 SqFt
SOLD DATE : 09/13/2024
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $330
MLS Listing ID DCDC2147916
Sold Date 09/13/24
Originating Board BRIGHT
Year Built 1907
Annual Tax Amount $9,844
Tax Year 2024
Lot Size 3,911 Sqft
Acres 0.09
Property Description
2300 19th Street NW is a 7-unit multifamily asset located in DC's Kalorama neighborhood (the "Property"). The Property is a short walk from Dupont Circle and a number of prominent DC commercial corridors including Columbia Road NW, Mt. Pleasant Street NW, 18th Street NW, U Street NW, and Connecticut Avenue NW. The Property is steps from Kalorama Park and a short walk from the Smithsonian National Zoo.
The Property consists of a three-story brick building (with cellar) and has approximately 5,600
gross square feet and sits on a 3,911 square foot parcel. The building has seven (7) units consisting of
three (3) studio units, three (3) one bedroom units, and one (1) 1,300+ square foot two bedroom unit.
The Property is flexibly zoned (RA-2) and the building’s location in the Kalorama neighborhood
is expected to consistently drive rental demand and cause the asset to serve as a reliable and
appreciating investment for years to come.
Also of note:
1.) TOPA process has already been completed.
2.) The Property is currently subject to approximately $1.26MM in assumable debt at a sub-3% interest rate.
Location
State DC
County Washington
Zoning RA-2
Interior
Hot Water 60+ Gallon Tank
Heating Radiator
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2539//0124
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Unrepresented Buyer • Unrepresented Buyer Office
1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States