Price Reduction - Views - Seller Financing
Listed By:
Chatel Real Estate, Inc.
Address
2515 NW P Street NW, Washington, DC
Price
$ 3,850,000
Property Attributes
  • MLS#DCDC2124320
  • TypeCommercial
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodGeorgetown
  • Zip20007
  • StyleApartment Building
  • Year Built1968
  • Taxes$ 25207
  • Price$ 3,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9647
  • Lot Size4,792 SqFt
Data Source:
Bright MLS
Property Description

A trophy of a building (approx. 9,657 sq. ft.) located in Georgetown across from Rose Park and only a few blocks from the Dupont Circle Metro station. Gross Annual Rental Income: $260,160. An extremely well maintained building consisting of 13 one bedroom apartments units with "open" floor plans, most have balconies and they're separately metered for electricity. It is an all electric building (no gas), has a lobby, an interior staircase, laundry room, roof top terrace, and a 6 car parking lot served by a driveway that is shared by the adjacent property. ***SELLER FINANCING POSSIBLE***

Price History
1/12/2024 Listed $4,250,000
5/9/2024 10% - $3,850,000

General Features

Sewer Public Sewer
Heating Baseboard - Electric
Cooling Wall Unit,Window Unit(s)
Utilities Electric Available,Sewer Available,Water Available
Possession Other
Zoning RES
Security Features Intercom
Construction Materials Brick
Year Built 1968
View Park/Greenbelt,Panoramic
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction No
Property Type Commercial Sale
Subdivision Name GEORGETOWN
Water Access Y/N No
Property Use Investment
Transportation Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile
Status ACTIVE
Directions From Wisconsin Avenue (the heart of Georgetown) take P Street east to 2515 P Street
ModificationTimestamp 2024-05-09T15:57:57
City WASHINGTON
Buyer Agent Compensation 2.5
Disclosures Owner RE Licensee,Under Lease,Lead Based Paint - Federal,Lead Based Paint - State,Exempt - Disclosure/Disclaimer
Total Units 13
Lot Size Square Feet 4591.00
Tax Assessed Value 2891670.0
Waterfront Y/N No
Street Name P
Tax Annual Amount 25207.0
Property Condition Very Good
Price Per Sq Ft 398.67
Vacation Rental Y/N No
Days on Market 119
Standard Status Active
Year Built Source Assessor
Legal Subdivision Georgetown
Tax Lot 104
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric
Flooring Carpet,Ceramic Tile
Hot Water Electric,Multi-tank
Total Stories 4
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 6
Type of Parking Driveway,Parking Lot
Water View Y/N No
Building Area Total 9657.00
Lot Size Acres 0.11
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Urban Land-Manor-Glenelg
Land Assessed Value 641640.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 6

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 20007

Price
AVG $1.08M
$3.85M
Taxes
AVG $18,611
$25,207
Visits
AVG 152
277
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1968

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