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1620 15TH Street NW

WASHINGTON, DC 20009
  • $2,945,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: DCDC2012260
UPDATED: 37 min ago
$2,945,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,215
    SQFT
  • $699
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Ratings & Info

Description

Remarkable and rare offering on one of Washington's most sought after streets. Fully occupied generating $12,550 per month. Unit 1 leased until Dec 2022. Unit 2 Leased until July 2023. Unit 3 leased until October 2022. 1620 15th St NW is an immaculately constructed and maintained 3-Unit building featuring beautiful design and dramatic outside views. This end unit rowhouse has 4,215 sq ft of interior space and has unobstructed North, South, and East facing views. There are 4 balcony spaces including a two level rooftop deck with breathtaking views of DC. Exquisite attention to detail guided the 2018 complete restoration of this building. Featured are 2 one bedroom units and 1 three bedroom Penthouse (2 levels). High ceilings, spacious room configurations, and European design make each unit highly sought after in the lease market, commanding monthly rental rates well above average. This building is perfect for short or long term rentals and is an excellent option for those looking to live in one unit and lease the others for excellent return on investment. Detailed financial information to be furnished upon request and registration. Showings are by appointment only. Offering Memorandum available upon request. Only qualified buyers may tour this property. For qualification requirements, please contact listing agent.

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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: 2021-12-06T06:52:37.843.
www.locomusings.com/homes/121183055
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1620 15TH Street NW WASHINGTON, DC 20009

  • Price: $2,945,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 37 min ago
  • ID#: DCDC2012260
0
Beds
0
Baths
0
½ Baths
0.03
Acres
4,215
SQFT
$699
$/SQFT
1885
Built
Neighborhood:
Dupont Circle
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Remarkable and rare offering on one of Washington's most sought after streets. Fully occupied generating $12,550 per month. Unit 1 leased until Dec 2022. Unit 2 Leased until July 2023. Unit 3 leased until October 2022. 1620 15th St NW is an immaculately constructed and maintained 3-Unit building featuring beautiful design and dramatic outside views. This end unit rowhouse has 4,215 sq ft of interior space and has unobstructed North, South, and East facing views. There are 4 balcony spaces including a two level rooftop deck with breathtaking views of DC. Exquisite attention to detail guided the 2018 complete restoration of this building. Featured are 2 one bedroom units and 1 three bedroom Penthouse (2 levels). High ceilings, spacious room configurations, and European design make each unit highly sought after in the lease market, commanding monthly rental rates well above average. This building is perfect for short or long term rentals and is an excellent option for those looking to live in one unit and lease the others for excellent return on investment. Detailed financial information to be furnished upon request and registration. Showings are by appointment only. Offering Memorandum available upon request. Only qualified buyers may tour this property. For qualification requirements, please contact listing agent.
Exterior Features

Architectural Style Traditional Construction Materials Brick Exterior Features Street Lights Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Excellent Riparian Rights YN No Roof Flat Soil Types Urban Land Not Rated View PanoramicStreet Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4215 Appliances Commercial RangeDishwasherDisposalDryer - Front LoadingEnergy Efficient AppliancesExhaust FanMicrowaveRange HoodRefrigeratorStoveWasher - Front LoadingWater Heater Below Grade Finished Area 0 Cooling Central A/C Fireplace YN Yes Fireplaces Total 4 Flooring WoodTile/Brick Heating Central Heating YN Yes Inclusions All AppliancesFurniture Security Features Exterior CamerasIntercom Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0 Units Furnished All Walls Ceilings 9'+ CeilingsDry Wall

Property Features

Acceptable Financing Bank PortfolioCashConventionalSeller Financing Accessibility Features None Assessment Year 2019 Association YN No Central Air YN Yes Cooling Fuel Electric Cross Street 15th St Nw And Corcoran St Nw Existing Lease Type Yearly Foundation Details Slab Gross Income 155600.00 Heating Fuel Natural Gas Hot Water Natural Gas Internet Services Fiber Optic Navigable Water YN N Net Operating Income 124500.00 New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Operating Expense 24500.00 Operating Expense Includes Cable TvInsuranceAdvertising Original MLSNumber 801023077482 Owner Pays Advertising/Licenses And PermitsCable TvCommon Area MaintenanceLawn/Shrub CareManagementPest ControlTaxes - Real Estate Ownership Interest Fee Simple Possession Subject To Existing LeaseNegotiable Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Private Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 12985.00 Tax Assessment Amount 1527720.00 Total Actual Rent 150600.00 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileCommuter Rail Station 1 To 5 Miles Utilities Natural Gas AvailableSewer Available Vacation Rental YN No Water Source Public Zoning Ra8

Listing courtesy of Sunny Day Real Estate, Inc..


©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: 2021-12-06T06:52:37.843.
 
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