Chemaye Nickens-Smith
Address
7700 Georgia Avenue NW Washington, DC
Price
$ 16,000,000
Property Attributes
  • MLS#DCDC517160
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • Zip20012
  • StyleContemporary
  • Year Built2021
  • Taxes26136
  • Price$ 16,000,000
  • Bedrooms51
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
TTR Sotheby's International Realty
Data Source:
Bright MLS
Property Description

32 unit apartment building for the discerning accredited investor. 6% Cap Rate in the highly upwardly mobile development zone between Walter Reed development and downtown Silver Spring. Delivery by Fourth of July 2021. Hard Hat tour available to the qualified investor. Must present proof of funds from a reputable bank to the listing agent.

Price History
4/15/2021 Listed $16,000,000

General Features

Accessibility 2+ Access Exits, Chairlift, Roll-in Shower, Wheelchair Mod
Architectural Style Contemporary
Carport Spaces 9
Construction Materials Concrete, Combination
Cool Fuel Electric
Cooling Multi Units, Programmable Thermostat, Central A/C
County WASHINGTON
Days on Market 22
Garage Y/N No
Heating Central, Programmable Thermostat
High School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Legal Subdivision SHEPHERD PARK
New Construction No
Numberofunitsvacant 32
One Bedroom Units Count 14
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate, Delay Settlement, Negotiable, Other
Property SubType Other
Property Type Multi-Family
Rent Control Y/N No
Security Features Desk in Lobby, 24 hour security, Intercom, Security Gate
Sewer Public Sewer
Single Room Units Count 32
Structure Type Other
Tax Annual Amount 26136.0
Tax Lot 37
Tax Year 2020
Total Units 4
Two Bedroom 17
Vacation Rental Y/N No
Water Access Y/N No
Zoning MU-4
Zoning Description The MU-4 zone is intended to: Permit moderate-density mixed-use development;

Interior Features

Central Air Y/N Yes
Fireplace Y/N No
Furnished Units None
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Number of Elevators 1
Three Bedroom Units Count 1

Exterior Features

# Of Attached Carport Spaces 9
Lot Size Acres 0.17
Lot Size Source Assessor
Lot Size Square Feet 7512.00
Navigable Water Y/N No
Pool Y/N No Pool
Road Surface Type Concrete, Black Top
Roadresponsibility City/County
Soil Types Urban Land-Sassafras-Chillum
Spa No
Total Parking Spaces 9
Type of Parking Attached Carport
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 20012

Price
AVG $16M
$16M
Taxes
AVG $26,136
$26,136
Visits
AVG 168
169
Year Built
AVG 2021
2021
Walkscore
AVG 90
90
Data Provided by Walkscore ® not using MLS data

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