1115 M St NW - Apartments FOR SALE


Washington, DC 20005
$2,449,000 USD
202-800-2610
1115 M St NW, Washington, DC for Sale
$2,449,000 USD
Apartments - FOR SALE
1/72
null | Request Cap Rate

1115 M St NW
Washington, DC 20005


HIGHLIGHTS

  • Ideal location
  • Ample natural light
  • Open plan with exposed brick

OVERVIEW

This 5 unit apartment building exudes modern updates and historic charm, offering a rare opportunity to own a piece of DC's vibrant Logan Circle neighborhood. Boasting exposed brick walls and a renovated entryway / lobby, this building features five units with the potential for even greater rental income. Step inside to discover 4 one-bedroom apartment units and 1 two bedroom, each showcasing hardwood floors and an open floor plan that maximizes space and natural light. Each unit features it's own outdoor space and in-unit washer/dryers. Unit 2 boasts a massive private patio, while Unit 5 offers a sprawling rooftop deck. The basement, currently used for owner storage, presents endless possibilities – whether it's converting it into a sixth rental unit or reattaching it to Unit 1 for increased rental income, the potential for revenue growth is limitless. Situated in the heart of DC, this building offers unparalleled access to the city's best dining, shopping, and entertainment. With its ideal location and charming character, this property represents a unique investment opportunity not to be missed.

FOR SALE DETAILS

PRICE

$2,449,000 USD

PRICE/SF

$524 USD /SF

# OF UNITS

5

PRICE/UNIT

$489,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1870

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

RA-5

APN/PARCEL ID

0314-0042

ASK ABOUT THIS PROPERTY

Jenna SiniseGordon James Real Estate ServicesMore Info
202-800-2610

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Jenna SiniseGordon James Real Estate ServicesMore Info
202-800-2610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.