$1,000,000
$950,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
1224 MISSOURI AVE NW Washington, DC 20011
1,251 Sqft Lot
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision 16Th Street Heights
MLS Listing ID 1001535628
Sold Date 09/06/18
Style Other
HOA Y/N N
Originating Board MRIS
Year Built 1932
Annual Tax Amount $5,392
Tax Year 2017
Lot Size 1,251 Sqft
Acres 0.03
Property Description
The Property s location in the northern section of the 16th Street Heights submarket will drive demand as residents seeking affordable accommodations are increasingly priced out of the core neighborhood. This rent acceleration will ultimately expand, improving revenues and returns at the Property. The Property affords new ownership the ability to raise rents by leasing units upon turnover to HCVP
Location
State DC
County Washington
Zoning R5A
Rooms
Basement Other
Interior
Hot Water Natural Gas
Heating Floor Furnace
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
Architectural Style Other
New Construction N
Others
Tax ID 2937//0007
Ownership Fee Simple
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Martha Fisseha • BMLC Realty LLC
GET MORE INFORMATION