New Construction - Eco Friendly
Address
1103 Fern Street NW, Washington, DC
Price
$ 5,287,000
Property Attributes
- MLS#DCDC2072226
- TypeCommercial
- CountyWASHINGTON
- CityWashington
- NeighborhoodShepherd Park
- Zip20012
- StyleApartment Building
- Year Built2022
- Taxes$ 2254
- Price$ 5,287,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10200
- Lot Size3,485 SqFt
Data Source:
Bright MLS
Property Description
Prime Location! Rare Gem! Bright and Spacious New Development Opportunity in desirable Shepherd Park. 10 Unit Apartment Building Offered at $5,495,000 at a 6.44% Cap Rate in Washington, DC. Own your future residence with modern touches at a special launching price. Great investment value! This stylish Green Building is situated just beside the beautiful new 66-acre development at Walter Reed, with retail, entertainment, hotel, office, health care, schools, and 22 acres of parks and plazas. Situated in a vibrant part of the city with the comfort of modern living! MESKEN 1103 offers great living spaces surrounded by shops, restaurants, parks, and accessible transportation. Each of the ten condos has been designed to be functional and make the best use of the space. Experience urban convenience with a neighborhood feels in your new place. This is your chance to reserve your new home! Pics for the Model Home! Units starting at 459K.
| Price History | |
|---|---|
| 3/8/2023 | Listed $5,495,000 |
| 12/18/2023 | 4% - $5,287,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central A/C |
| Possession | Settlement |
| Zoning | MU-4 |
| Construction Materials | Brick Front,Combination,Concrete |
| Year Built | 2022 |
| Property SubType | Five Or More Units |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building |
| Building Name | SHEPHERD PARK |
| Accessibility | Level Entry - Main |
| County | WASHINGTON |
| New Construction | Yes |
| Property Type | Commercial Sale |
| Energy Efficient | Construction |
| Subdivision Name | SHEPHERD PARK |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-02-29T01:16:22 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Lot Size Square Feet | 3484.80 |
| Tax Assessed Value | 330020.0 |
| Waterfront Y/N | No |
| Street Name | FERN |
| Tax Annual Amount | 2254.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 518.33 |
| Construction Completed Y/N | Yes |
| Vacation Rental Y/N | No |
| Virtual Tour | https://my.matterport.com/show/?m=PreQ6jKcPoi&brand=0&mls=1& |
| Days on Market | 406 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Legal Subdivision | Shepherd Park |
| Tax Lot | 2007 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| Total Restrooms | 20 |
Exterior Features
| Parking Features | Electric Vehicle Charging Station(s),Private |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 2 |
| Type of Parking | Parking Lot |
| Foundation Details | Concrete Perimeter |
| Water View Y/N | No |
| Building Area Total | 10200.00 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Soil Types | Urban Land-Beltsville-Chillum |
| Land Assessed Value | 99010.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 20012
Price
Taxes
Visits
Year Built
Walkscore
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