526 NEWTON PL NW Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20010
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $328
MLS Listing ID DCDC2129544
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $5,635
Tax Year 2023
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. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
Location
State DC
County Washington
Zoning RES COOPERATIVE - HORIZON
Interior
Hot Water Electric
Heating Central
Cooling Multi Units
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type On Street
Garage N
Building
Lot Description Additional Lot(s)
Sewer Public Septic
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3037//0815
Ownership Cooperative
Acceptable Financing Cash,Conventional,Exchange,FHA,FHA 203(b),FHA 203(k),Installment Sale,Joint Venture,Private,Other
Listing Terms Cash,Conventional,Exchange,FHA,FHA 203(b),FHA 203(k),Installment Sale,Joint Venture,Private,Other
Financing Cash,Conventional,Exchange,FHA,FHA 203(b),FHA 203(k),Installment Sale,Joint Venture,Private,Other
Special Listing Condition Standard