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526 Newton Place NwWashington, DC 20010MLS Number DCDC2129544

  • Price: $1,300,000
  • 86 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 2024
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526 Newton Place Nw Washington DC 20010526 Newton Place Nw Washington DC 20010526 Newton Place Nw Washington DC 20010526 Newton Place Nw Washington DC 20010526 Newton Place Nw Washington DC 20010
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  • 1953Year Built
  • 328Price Per Square Foot
  • 6Units
  • 2023Assessment Year
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
Listed by Noelle-Kristine Spencer, TTR Sotheby's International Realty

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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 TypesOn Street

Basic Information

  • Date Listed03/02/2024

Location

  • Address526 Newton Place Nw
  • Building Number526
  • CountyWashington
  • Directions2 blocks off Georgia Ave in Park View
  • In City Limits YNYes
  • StateDC
  • TownWashington
  • Zip20010

Amenities

  • Accessibility Amenities2+ Access Exits

Other

  • Soil TypesUnknown
  • View Count1

Basic Information

  • Broker NameTTR Sotheby's International Realty
  • List Price$1,300,000
  • MLS NumberDCDC2129544
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot328
  • StatusACT
  • Units6

Building

  • Building Area SourceAssessor
  • Building Area Total3960
  • Construction MaterialsBrick
  • Year Built1953

Utilities

  • CoolingMulti Units
  • Cooling FuelElectric
  • Heat SystemCentral
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Septic
  • Water HeaterElectric
  • Water SourcePublic

Tax Information

  • Assessment Year2023
  • City Town Tax$5,635
  • City Town Tax Payment FrequencyAnnually
  • Tax Assessment Amount$662,940
  • Tax Lot815 + 816
  • Tax Year2023
  • Taxes$5,635
  • Total Taxes Payment FrequencyAnnually

Property

  • Business TypeApartment Building
  • Lot DescriptionAdditional Lot(s)
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningRES COOPERATIVE - HORIZON

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Copyright 2024 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 May 26, 2024. 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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