1019 18th St NE - Apartments FOR SALE


Washington, DC 20002- Langston
$1,100,000 USD
202-221-8426
1019 18th St NE, Washington, DC for Sale
$1,100,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1019 18th St NE
Washington, DC 20002
Langston


HIGHLIGHTS

  • Redevelopment
  • Area Attractions
  • Area Development
  • Transit Oriented Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay has been selected to exclusively market for sale 1019 18th Street NE, an existing 100% vacant 4-unit multifamily building located in Washington DC’s Northeast neighborhood of Carver Langston. THE OPPORTUNITY The existing 4-unit property is currently in shell condition and provides an owner multiple investment strategies whether delivering rental apartments or condos. The property has been fully entitled, with approved plans and permits for an eight (8) unit, four-story redevelopment project. Alternatively, a new owner could look to work within the existing footprint and renovate the existing building into four (4) two or three-bedroom units.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

4

PRICE/UNIT

$275,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,105 SF

ZONING

RA-2

APN/PARCEL ID

4474-0152

ASK ABOUT THIS PROPERTY

Dennis CravediHorvath & TremblayMore Info
202-221-8426

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Dennis CravediHorvath & TremblayMore Info
202-221-8426

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