1741 S St NW - Apartments FOR SALE


Washington, DC 20009
$2,850,000 USD
202-577-5000
1741 S St NW, Washington, DC for Sale
$2,850,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1741 S St NW
Washington, DC 20009


HIGHLIGHTS

  • Short walk to Dupont Circle Metro
  • Walkable to local restaurants, grocery & nightlife
  • 12 minute drive to Reagan National Airport
  • Easy access to City Center, Georgetown & National Mall

OVERVIEW

The Dawson presents a unique opportunity for complete ownership of an historic 7-UNIT condominium building in the heart of Dupont Circle. While the Dawson has been under single ownership for the past two owners, it has offered reliable, consistent investment returns in part because tenants love the beautiful, the light filled units with within a historic building located on one of Dupont's most idyllic tree-lined blocks. The current owner has made thoughtful improvements during their ownership and benefited from very high occupancy rates, relatively low and maintenance expenses. The Dawson consists of 4,500 gross square feet within a four-story interior brick building with seven light filled units rented at below market rates. The Property is zoned R-5-B and because of the condominium regime offers a future buyer remarkable flexibility for repositioning the asset.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$644 USD /SF

# OF UNITS

7

PRICE/UNIT

$407,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Dawson

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,183 SF

ZONING

-

APN/PARCEL ID

0152-2225,0152-2226,0152-2227,0152-2228,0152-2229,0152-2230,0152-2231

ASK ABOUT THIS PROPERTY

Tim BarleyBarley & Barley Real EstateMore Info
202-577-5000

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Tim BarleyBarley & Barley Real EstateMore Info
202-577-5000

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