Chemaye Nickens-Smith
Address
1902 R Street NW Washington, DC
Price
$ 3,800,000
Property Attributes
  • MLS#DCDC507464
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • Zip20009
  • StyleFederal
  • Year Built1918
  • Taxes17797
  • Price$ 3,800,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Mac Realty Advisors, LLC
Data Source:
Bright MLS
Property Description

MAC Realty Advisors, as exclusive agent, is pleased to offer the opportunity to acquire 1902 R Street NW Washington, D.C. This stately four-unit apartment building is nestled in the highly sought-after Dupont Circle neighborhood on an idyllic one-way street. The Developer meticulously preserved many of the original features, while thoughtfully designing and updating each unit for the modern lifestyle. Residence here will find themselves at the cultural heart of the city with convenient access to a vibrant blend of local retail favorites, traveler attractions, riveting architecture, and a thriving food scene. The Property is proximate to metro and offers access to major employment centers in the Washington, DC metropolitan area. 1902 R Street NW is currently 100 percent leased to a venture capital backed short term housing provider offering in-place income from day-one. The purchaser will have the flexibility to fully explore the market and determine whether to renew the existing agreement, bring on new partner, or self manage. The in-place income, exceptional class-A construction finishes, and highly desirable location make this an excellent long or short term investment.

Price History
3/5/2021 Listed $3,800,000

General Features

Accessibility None
Architectural Style Federal
Construction Materials Brick
Cool Fuel None
Cooling Central A/C
County WASHINGTON
Days on Market 38
Garage Y/N No
Heating Central
High School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Parking Features Asphalt Driveway, Private
Possession Negotiable, Settlement
Price Per Sq Ft 783.51
Property SubType Quadruplex
Property Type Multi-Family
Rent Control Y/N No
Sewer Approved System
Structure Type Interior Row/Townhouse
Tax Annual Amount 17797.62
Tax Lot 81
Tax Year 2020
Total Units 4
Two Bedroom 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning RA-8

Interior Features

Central Air Y/N Yes
Heating Fuel None
Heating Y/N Yes
Hot Water Other
Living Area 4850

Exterior Features

Lot Size Acres 0.05
Lot Size Source Estimated
Lot Size Square Feet 2275.00
Navigable Water Y/N No
Pool Y/N No Pool
Soil Types Unknown
Type of Parking Alley
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 20009

Price
AVG $2.17M
$3.8M
Taxes
AVG $16,516
$17,797
Visits
AVG 242
205
Year Built
AVG 1905
1918
Walkscore
AVG 98
99
Data Provided by Walkscore ® not using MLS data

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