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1443 Euclid St Nw #1-8 (all Units), Unit 1-8 (ALL UNITS)Washington, DC 20009MLS Number DCDC503952

  • Price: $4,150,000
  • 282 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
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(all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 200091443 Euclid St Nw #1-8 (all Units) Washington DC 20009
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  • 0.05Acreage
  • 1913Year Built
  • UrbanLocationType
  • 937Price Per Square Foot
Fully-occupied, 8-unit luxury apartment building in Columbia Heights with a 4.14% CAP Rate. This high-end property, constructed in 2018, includes a mix of one studio/1-bath unit; five 1-bed/1-bath units; and two 1-bed/1.5-bath units, all with stunning finishes, including Italian Fenix cabinetry in the kitchens and baths, wide plank French oak flooring, marble baths and backsplashes, and large floor-to-ceiling windows and sliding interior doors for tons of natural light. Seven of the units include private outdoor spaces, some quite large. All units include washers/dryers and separately metered electricity, HVAC and hot water. Fully-occupied with a NOI of nearly $180,000 annually, this is a fantastic stable long-term rental property--so attractive that tenants have requested multi-year leases and escalated over the advertised rent in the past to secure a unit. Continue to operate this as a long-term rental, or, as units turn over, consider short-term/corporate rentals for a potentially higher return. As this property has already been converted to a condominium (and this sale includes all units in the building), you also have the option of selling the units off individually over time. (The current sale includes all units; units will not be sold individually.) The location of this Columbia Heights gem can't be beat, with the green/yellow metro stop less than a 10-minute walk and Meridian Hill Park, several grocery stores and all the popular shops, bars and restaurants of 14th Street just steps away. Walk Score: 93; Bike Score: 91. Floor plans and photos of all 8 units are available in the attachments; a virtual tour video is available at https://vimeo.com/431616982. Because this is a 100% occupied building, out of consideration for tenants and due to COVID-19 precautions, no in-person showings will be available prior to submission of an LOI.
Listed by Ryan K Tyndall, Compass

Driving Directions

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

More Info

Basic Information

  • Broker NameCompass
  • List Price$4,150,000
  • LocationTypeUrban
  • MLS NumberDCDC503952
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot937
  • Security FeaturesFire Detection System, Intercom, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • StatusACT
  • Unit Number1-8 (ALL UNITS)
  • Units8
  • Vacation Rental YNN

Property

  • Acreage0.05
  • Business TypeApartment Building
  • Lot DescriptionLevel
  • Lot Size SourceEstimated
  • Lot Size Square Feet2,178
  • New Construction YNN
  • Property ConditionExcellent
  • Property SubTypeFive Or More Units
  • ZoningRA-2
  • Zoning DescriptionThe RA-2 zone provides for areas developed with predominantly moderate-density residential.

Amenities

  • Accessibility AmenitiesNone

Tax Information

  • Assessment Year2020
  • City Town Tax21453
  • City Town Tax Payment FrequencyAnnually
  • Tax Assessment Amount2602300
  • Tax Lot2089-2096
  • Tax Year2020
  • Taxes$21,453
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total4431
  • Construction MaterialsBrick, Brick Front, Masonry
  • Entry Level2
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Stories5
  • Total Garage And Parking Spaces
  • Year Built1913
  • Year Built Effective2018

Utilities

  • Central Air YNY
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemCentral
  • Heating FuelElectric
  • Heating YNY
  • SewerPublic Sewer
  • UtilitiesCable TV Available, Electric Available, Sewer Available, Water Available
  • Water HeaterElectric
  • Water SourcePublic

Parking

  • Assigned Parking Spaces
  • Parking FeaturesPublic
  • Parking TypesOn Street

Basic Information

Location

  • Address1443 Euclid St Nw #1-8 (all Units)
  • Building Number1443
  • CountyWashington
  • Cross Street14th
  • DirectionsEuclid Street NW between 14th and 15th
  • In City Limits YNY
  • StateDC
  • TownWashington
  • Water Oriented YNN
  • Zip20009

Interior

  • Door FeaturesFrench, Insulated, Sliding Glass
  • FlooringWood, Hardwood, Marble

Exterior

  • RoofFlat

Property Information

  • Municipal Trash YNN

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Other

  • Annual Gross Expense52450
  • Cap Rate4
  • Gross Income230740
  • Ground Rent Exists YNN
  • Operating Expense52450
  • Operating Expense IncludesElectric, Landscaping, Management Fees, Other, Sewer, Pest Control, Repair/Maintenance, Water, Trash, Snow Removal, Insurance, Advertising
  • Sale or LeaseN
  • Soil TypesUrban Land Not Rated
  • View Count1

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Copyright 2021 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 October 25, 2021. 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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