5420 3rd St NW - Apartments FOR SALE


Washington, DC 20011- Brightwood Park
$3,500,000 USD
703-969-0208
5420 3rd St NW, Washington, DC for Sale
$3,500,000 USD
Apartments - FOR SALE
1/29
null | 5.37% Cap Rate

5420 3rd St NW
Washington, DC 20011
Brightwood Park


HIGHLIGHTS

  • Well maintained property
  • Occupied restaurant space w/ large outdoor patio
  • Excellent apartment layouts
  • All units separately metered for gas & electric
  • Washer/Dryers in all units
  • 3 deeded surface parking spaces

OVERVIEW

Meticulously maintained mixed-use investment opportunity featuring a 2,929 SF ground-floor restaurant and six (6) 2- bedroom, 2-bath residential units above, along with three (3) deeded surface parking spaces. The retail space is leased to La Mia Italia, providing stable in-place income, while the residential units offer consistent cash flow and upside potential.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

6

PRICE/UNIT

$583,333

CAP RATE

5.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2017

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,132 SF

ZONING

MU-4

APN/PARCEL ID

3296-2005

ASK ABOUT THIS PROPERTY

Matthew GarciaDivaris Real Estate, Inc.More Info
703-969-0208

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Matthew GarciaDivaris Real Estate, Inc.More Info
703-969-0208

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