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    1006 Webster Street NW

    WASHINGTON, DC 20011
    • $3,500,000
    • STATUS: Pending
    • ON SITE: 43 days
    • ID#: DCDC513902
    Pending
    UPDATED: 27 min ago
    $3,500,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1918
    County:

    School Ratings & Info

    Description

    Bankruptcy Auction - Opportunity knocks! 1006 Webster Street is a vacant 10 unit apartment building located in the 16th Street Heights neighborhood. The building is approximately 12,834 square feet on 3 levels and sits on a 6,127 square foot lot. The current plan was to renovate the building into 10 large apartments with a mix of predominately 5 and 6 bedroom units and place the units in the Housing Choice Voucher Program. The projected rents are approximately $697,000 annually. The property is zoned RF- 1 and the current owner has had concept plans drawn to add a floor and convert the building to a 20 unit condominium project. Auction to be held on Wednesday April 28th at 12 noon at the property. Don't miss it! Note: list price is for MLS purposes only. Actual price to be determined at auction. Bidding to start at 50% of MLS list price.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-10T23:52:41.817.
    www.locomusings.com/homes/115552232
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    1006 Webster Street NW WASHINGTON, DC 20011

    • Price: $3,500,000
    • Status: Pending
    • Updated: 27 min ago
    • ID#: DCDC513902
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1918
    Built
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    Property Description
    Bankruptcy Auction - Opportunity knocks! 1006 Webster Street is a vacant 10 unit apartment building located in the 16th Street Heights neighborhood. The building is approximately 12,834 square feet on 3 levels and sits on a 6,127 square foot lot. The current plan was to renovate the building into 10 large apartments with a mix of predominately 5 and 6 bedroom units and place the units in the Housing Choice Voucher Program. The projected rents are approximately $697,000 annually. The property is zoned RF- 1 and the current owner has had concept plans drawn to add a floor and convert the building to a 20 unit condominium project. Auction to be held on Wednesday April 28th at 12 noon at the property. Don't miss it! Note: list price is for MLS purposes only. Actual price to be determined at auction. Bidding to start at 50% of MLS list price.
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types None Riparian Rights YN No Soil Types Urban Land-Brandywine Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 12834.00 Cooling None Heating None Net Square Feet 12834.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Building Permits On Hand Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel ElectricNatural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 10 Original MLSNumber 304529596978 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type BankruptcyAuction Sewer Public Sewer Tax Annual Amount 51511.00 Tax Assessment Amount 1120790.00 Tax Lot 32 Vacation Rental YN No Water Source Public Zoning Rf-1

    Listing courtesy of Tranzon Fox.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-10T23:52:41.817.
     
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