2307 18th St NW - Apartments FOR SALE


Washington, DC 20009- Adams Morgan
$2,775,000 USD
703-328-4040
2307 18th St NW, Washington, DC for Sale
$2,775,000 USD
Apartments - FOR SALE
1/10
null | 6.25% Cap Rate

2307 18th St NW
Washington, DC 20009
Adams Morgan


HIGHLIGHTS

  • Fully leased mixed-use asset featuring three 2-bedroom residential units and retail.
  • Comprehensive renovation completed in 2007, adding modern updates and usability.
  • Ground-floor retail with enhanced walk-out basement in a high-visibility corridor.
  • Two private rear parking spaces included with sale for added convenience.
  • Located in Adams Morgan with exceptional walkability and robust transit access.

OVERVIEW

Charming 5 level mixed use building in the heart of Adams Morgan. Fully gutted and renovated in 2007 including the addition of a 4th floor and habilitation of the basement. Three spacious 2-bedroom units (approx 900 sf each), with retail on street level including improved walk out basement currently used as retail. Will be sold fully leased. Two parking spaces convey in rear of building. Financials/rent roll can be provided. Great for 1031 exchange. Fully leased!

FOR SALE DETAILS

PRICE

$2,775,000 USD

PRICE/SF

$602 USD /SF

# OF UNITS

3

PRICE/UNIT

$925,000

CAP RATE

6.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

MU-5A

APN/PARCEL ID

2560-0869

ASK ABOUT THIS PROPERTY

Julie MariottiMCM RealtyMore Info
703-328-4040

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Julie MariottiMCM RealtyMore Info
703-328-4040

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