Bankruptcy auction to be held April 22nd at 11:00 am at 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily buildings to be auctioned separately. List price is tax assessment for advertising purposes only. Actual price to be determined at bankruptcy auction. See information flyer with list of all nine properties being auctioned in the Documents section.
The property is an existing two-story semi-detached multifamily apartment building containing a total of four, potentially five, dwelling units with 3,162 square feet of gross building area, plus an unfinished basement level (according to the tax record). The building was constructed in 1943 and reportedly completely renovated in 2021. The zoning is R-2 (Residential Zone) and the lot size is 4,053 square feet, or 0.09 acres. There are four 3 BR / 1 BA units, with two on each floor, plus the potential for a fifth unit in the basement. The basement unit is currently unfinished, but the active BBL issued on March 1, 2023 allows five units. Utility providers are DC Water and Sewer Authority, PEPCO, Washington Gas, and Verizon.
Prior to the auction on Tuesday, April 22, the property will be open for inspection on the following Preview Dates:
Wednesday, April 9, from 10:30 am - 12 pm
Wednesday, April 16, from 10:30 am - 12 pm