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Listed By:
TTR Sotheby's International Realty
Address
526 Newton Place NW, Washington, DC
Price
$ 1,300,000
Property Attributes
  • MLS#DCDC2138300
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • Zip20010
  • StyleBi-level
  • Year Built1953
  • Taxes$ 5525
  • Price$ 1,300,000
  • Bedrooms24
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Data Source:
Bright MLS
Property Description

Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Please call the listing agent for showings: 24-hour notice is kindly requested.

Price History
4/25/2024 Listed $1,300,000

General Features

Sewer Public Septic
Heating Central
Cooling Multi Units
Possession Seller Rent Back
Zoning RES COOPERATIVE - HORIZON
Pool Y/N No Pool
Architectural Style Bi-level
Construction Materials Brick
Year Built 1953
Property SubType Quadruplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility 2+ Access Exits
County WASHINGTON
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Status ACTIVE
Directions 2 blocks off Georgia Ave in Park View
ModificationTimestamp 2024-05-01T16:08:21
City WASHINGTON
Buyer Agent Compensation 3
Total Units 4
Lot Size Square Feet 3960.00
Tax Assessed Value 662940.0
Waterfront Y/N No
Street Name NEWTON
Tax Annual Amount 5525.0
Two Bedroom 4
Structure Type Interior Row/Townhouse
One Bedroom Units Count 4
Price Per Sq Ft 328.28
Acceptable Financing Cash,Conventional,Exchange,FHA,FHA 203(b),FHA 203(k),Installment Sale,Joint Venture,Private,Other
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 3960
Days on Market 7
Lease Type None
Standard Status Active
Year Built Source Estimated
Legal Subdivision Columbia Heights
Tax Lot 815 + 816
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix PLACE
Central Air Y/N No
LivingAreaSource Estimated
Three Bedroom Units Count 4

Exterior Features

Lot Features Additional Lot(s)
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N No
Lot Size Acres 0.09
Lot Size Units Square Feet
Lot Size Source Estimated
Soil Types Unknown
Land Assessed Value 263850.00
Navigable Water Y/N No
Water Oriented 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 Multi-Family Average in 20010

Price
AVG $1.65M
$1.3M
Taxes
AVG $9,982
$5,525
Visits
AVG 190
75
Data Provided by Inside Real Estate®
Year Built
AVG 1914
1953

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