Short Sale
Address
4427, 4427 1/2, 4429 Macarthur Boulevard NW Washington, DC
Price
$ 2,500,000
Property Attributes
  • MLS#DCDC514986
  • TypeCommercial
  • CountyWASHINGTON
  • CityWashington
  • Zip20007
  • StyleApartment Building
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6037
Listing Provided Courtesy Of:
Frank Emmet Real Estate, Inc., AMO
Data Source:
Bright MLS - 382 - MD
Property Description

Unique Investment opportunity including 12 Tax Lots 2001- 2012, SQUARE 1363 6 Condominium Apartments plus 6 deeded parking spaces. Revocable Trust from original developer available now as one package for $2.5M. Sale includes one (1) easement to left side of 4429 serving 6 rear parking spaces as well as 6 others properties NOT part of this sale! Hold for Investment, convert to Fee Simple Townhomes, or sell off individual condo apartments. SEE ALSO 4228, 4228 1/2, 4230 & 4230 1/2 River Road NW, 8 Condos + 8 deeded parking spaces for $3.995M, same Revocable Trust a few blocks west of Wisconsin Ave NW @ Tenleytown/AU Metro! 2 apts are vacant so we may show these 2 samples- Apt A is 1 BR 1 Bath, Apt B is 2 BR 1.5 Bath. We are looking for experienced buyers who can successfully navigate DC TOPA with 4 occupied tenants- WE will hold 2 apts vacant during sales process. Offers/LOI's/Contracts are subject to Third Party Approval of Co-Trustees. Building is EXEMPT from DC Rent Control based on development date 1978. See Documents for RENT ROLL. SEE DC TAX & REVENUE WEBSITE FOR SQUARE 1363, LOTS 2001- 2012( 6 condos - 6 parking spaces)

Price History
4/3/2021 Listed $2,500,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Apartment Building
Construction Materials Brick, Frame
Cool Fuel Electric
Cooling Central A/C, Heat Pump(s)
County WASHINGTON
Days on Market 123
Electric 120/240V
Flooring Hardwood
Heating Forced Air, Heat Pump - Electric BackUp
Historic Y/N No
Legal Subdivision PALISADES
New Construction No
Ownership Condominium
Possession Settlement
Price Per Sq Ft 414.11
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Very Good
Roof Flat
Sewer Public Sewer
Tax Annual Amount 0.0
Tax Lot 2001-2012
Tax Year 2020
Total Units 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning RA-1
Zoning Description Low density residential

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 6037.00
Car Parking Spaces 6
Fencing Y/n No
Lot Dimensions irregular, 7, 130 sq feet total
Navigable Water Y/N No
Parking Features Surface, Private, Paved Parking
Soil Types Urban Land-Manor-Gleneig
Total Parking Spaces 6
Type of Parking Driveway, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 20007

Price
AVG $1.22M
$2.5M
Visits
AVG 103
78
Year Built
AVG 1946
1978
Walkscore
AVG 83
60
Data Provided by Walkscore ® not using MLS data

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