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1715 19th Street NwWashington, DC 20009MLS Number DCDC2114070

  • Price: $3,400,000
  • 51 Days on Market
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
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  • 0.05Acreage
  • 1915Year Built
  • 481Price Per Square Foot
  • 8Units
A coveted phenomenal address, emerging onto the market for the first time in 60 years! Behold the extraordinary - a vacant, over 7,000 SF masterpiece of architectural brilliance, resting in the heart of Dupont. This 8-unit gem, adorned with a blend of brick and stone is a testament to timelessness. Currently under rent control, this building presents a myriad of possibilities. Elevate it through incremental rent increases, crafting a beneficial revenue stream. Alternatively, reimagine its purpose, from a condominium conversion to a luxurious single-family haven - the choice is yours to make. Each unit boasts new mini-split air conditioners, modern stainless-steel in their fresh kitchens and newer baths. Hardwood floors echo with the footsteps of history, while original fireplaces, enhanced with inserts, evoke nostalgia. From common area laundry to two rear decks and ample parking, convenience is thoughtfully woven into this dwelling. The building accommodates diverse lifestyles, offering a small lower-level unit, a spacious 2-bedroom 2-bathroom abode on the first level, along with 6 generous one-bedrooms and 1 basement studio unit. Fall in love with the high ceilings, intricate moldings, and breathtaking staircases adorned with wrought iron railings. The narrative of each unit unfolds within these walls - a tribute to the past and a canvas for the future. With a new Certificate of Occupancy already secured, the groundwork for your vision is set. This is your chance to partake in the renaissance of a historic gem, and to embrace the limitless potential it holds. Owner is currently submitting for Vacancy Increases and Added Amenities bringing property to market rents.
Listed by Shana Webb and Joseph G Zorc, Coldwell Banker Realty - Washington

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Parking TypesDriveway

Basic Information

  • Date Listed10/10/2023

Location

  • Address1715 19th Street Nw
  • Building Number1715
  • CountyWashington
  • Cross StreetRiggs
  • DirectionsN on 19 to 1715 19th St
  • In City Limits YNYes
  • StateDC
  • SubdivisionDupont
  • TownWashington
  • Zip20009

Interior

  • FlooringHardwood, Tile/Brick, Carpet

Amenities

  • Other AmenitiesBasement, Fireplace

Basic Information

  • Broker NameColdwell Banker Realty - Washington
  • List Price$3,400,000
  • MLS NumberDCDC2114070
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot481
  • StatusACT
  • Units8

Building

  • Building Area SourceAssessor
  • Building Area Total7076
  • Construction MaterialsBrick
  • Total Garage And Parking Spaces1
  • Total Restrooms8
  • Year Built1915
  • Year Built Effective2023

Utilities

  • Central Air YNYes
  • CoolingDuctless/Mini-Split, Central A/C
  • Cooling FuelElectric
  • Electric200+ Amp Service
  • Heat SystemOther
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas, 60+ Gallon Tank
  • Water SourcePublic

Tax Information

  • Assessment Year2022
  • City Town Tax$13,254
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$1,543,170
  • Tax Lot169
  • Tax Year2022
  • Taxes$13,254
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.05
  • Business TypeApartment Building
  • Lot Size SourceAssessor
  • Lot Size Square Feet2,116
  • New Construction YNN
  • Property ConditionExcellent
  • Property SubTypeFive Or More Units
  • ZoningR2A

Other

  • Annual Gross Expense42370
  • Annual Heating Expense1800
  • Cap Rate5
  • Electric Expense3600
  • Fuel Expense1800
  • Gross Income252000
  • Gross Scheduled Income252000
  • Historic YNYes
  • Insurance Expense5250
  • Maintenance Expense5200
  • Operating Expense42370
  • Operating Expense IncludesInsurance, Landscaping, Management Fees, Repair/Maintenance, Snow Removal, Trash, Sewer, Water
  • Other Expense7200
  • Soil TypesUrban Land-Sassafras-Chillum
  • Trash Expense2400
  • Vacancy Allowance Rate5
  • View Count2

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Copyright 2023 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated November 29, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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