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    4427, 4427 1/2, 4429 Macarthur Boulevard NW

    WASHINGTON, DC 20007
    • $2,500,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: DCDC514986
    $2,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1978
    County:

    School Ratings & Info

    Description

    Unique Investment opportunity including 12 Tax Lots 2001- 2012, SQUARE 1363 6 Condominium Apartments plus 6 deeded parking spaces. Revocable Trust from original developer available now as one package for $2.5M. Sale includes one (1) easement to left side of 4429 serving 6 rear parking spaces as well as 6 others properties NOT part of this sale! Hold for Investment, convert to Fee Simple Townhomes, or sell off individual condo apartments. SEE ALSO 4228, 4228 1/2, 4230 & 4230 1/2 River Road NW, 8 Condos + 8 deeded parking spaces for $3.995M, same Revocable Trust a few blocks west of Wisconsin Ave NW @ Tenleytown/AU Metro! 2 apts are vacant so we may show these 2 samples- Apt A is 1 BR 1 Bath, Apt B is 2 BR 1.5 Bath. We are looking for experienced buyers who can successfully navigate DC TOPA with 4 occupied tenants- WE will hold 2 apts vacant during sales process. Offers/LOI's/Contracts are subject to Third Party Approval of Co-Trustees. Building is EXEMPT from DC Rent Control based on development date 1978. See Documents for RENT ROLL. SEE DC TAX & REVENUE WEBSITE FOR SQUARE 1363, LOTS 2001- 2012( 6 condos - 6 parking spaces)

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Re/Max Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-30T23:53:11.043.
    www.darthomes.com/homes/115699975
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    4427, 4427 1/2, 4429 Macarthur Boulevard NW WASHINGTON, DC 20007

    • Price: $2,500,000
    • Status: Active
    • ID#: DCDC514986
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1978
    Built
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    Property Description
    Unique Investment opportunity including 12 Tax Lots 2001- 2012, SQUARE 1363 6 Condominium Apartments plus 6 deeded parking spaces. Revocable Trust from original developer available now as one package for $2.5M. Sale includes one (1) easement to left side of 4429 serving 6 rear parking spaces as well as 6 others properties NOT part of this sale! Hold for Investment, convert to Fee Simple Townhomes, or sell off individual condo apartments. SEE ALSO 4228, 4228 1/2, 4230 & 4230 1/2 River Road NW, 8 Condos + 8 deeded parking spaces for $3.995M, same Revocable Trust a few blocks west of Wisconsin Ave NW @ Tenleytown/AU Metro! 2 apts are vacant so we may show these 2 samples- Apt A is 1 BR 1 Bath, Apt B is 2 BR 1.5 Bath. We are looking for experienced buyers who can successfully navigate DC TOPA with 4 occupied tenants- WE will hold 2 apts vacant during sales process. Offers/LOI's/Contracts are subject to Third Party Approval of Co-Trustees. Building is EXEMPT from DC Rent Control based on development date 1978. See Documents for RENT ROLL. SEE DC TAX & REVENUE WEBSITE FOR SQUARE 1363, LOTS 2001- 2012( 6 condos - 6 parking spaces)
    Exterior Features

    Construction Materials BrickFrame Garage YN No Parking Features SurfacePrivatePaved Parking Parking Types DrivewayParking Lot Property Condition Very Good Riparian Rights YN No Roof Flat Soil Types Urban Land-Manor-Gleneig Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 6037.00 Cooling Central A/CHeat Pump(S) Flooring Hardwood Heating Forced AirHeat Pump - Electric Backup Heating YN Yes Net Square Feet 6037.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Electric 120/240V Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Metering Fully SeparateElectric Separate Navigable Water YN N New Construction YN No Number Of Units Total 1 Operating Expense Includes InsuranceLandscapingManagement FeesRepair/MaintenanceSewerSnow RemovalWater Original MLSNumber 304540896403 Ownership Interest Condominium Possession Settlement Property Sub Type Five Or More Units Sale Type Third Party Approval Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 0.00 Tax Lot 2001-2012 Vacation Rental YN No Water Source Public Zoning Ra-1 Zoning Description Low Density Residential

    Listing courtesy of Frank Emmet Real Estate, Inc., Amo.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Re/Max Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-30T23:53:11.043.
     
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