$4,000,000

Estimated payment $22,775/month

Total Views 18,686
-- Bed
-- Bath
7,500 Sq Ft
$533 Price per Sq Ft

Highlights

  • Remodeled in 2023
  • Balcony
  • 90% Forced Air Heating System
  • Colonial Architecture
  • Patio
  • 5-minute walk to Trinidad Recreation Center

About This Home

Calling all investors for this 6 TH-style units in a brand new building with views of the Wash Monument and the Capitol! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 6-unit residence to the mix. The Dezy Condominiums has an expansive rooftop with 360 degree views of DC’s skyline for the penthouse units. There is a clear shot of the Capital from the all six units and spectacular sunsets. In addition, each unit has its own private outdoor space, 3 bedrooms and 2.5 baths over two floors. Each unit has a spacious, open concept living & dining area which is graced by an oversized picture window at each end of the home that offers ample natural light throughout the main level. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic L-shaped kitchen has quartz countertops, matching backsplash, white shaker cabinetry with black metal hardware, an oversized island with storage and an 7.5ft wide deep pantry. The brand-new SS appliances offer functionality and style. All the bedrooms have morning or sunset views and are on the same floor as the laundry. Both full baths have spa-like features and feel. Full-size washer and dryer in every unit. The secured 6-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while the unit has a smart home security system installed. These SIX condos run from 1640-1800 sq ft each. Within walking distance to H Street Corridor, Aldi, Safeway and the Arboretum. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come. . Average rentals for each unit currently goes for $3800-4000/mo. When renting out the 6 units, that's roughly a 6.825% cap rate! Build out to be completed by end of Dec 2024.

Listing Agent

Bianca Reyes

I-Agent Realty Incorporated License #SP98375857

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,383

Year Built

  • Built in 1936 | Remodeled in 2023

Lot Details

  • 6,062 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Basement
  • Exterior Basement Entry

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Lot
  • Parking Space Conveys

Outdoor Features

  • Balcony
  • Patio

Utilities

  • 90% Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 86,87,88
  • Assessor Parcel Number 4472//0087

Community Details

Overview

  • 4 Units
  • 4-Story Building
  • Trinidad Subdivision

Building Details

  • 6 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,383

Year Built

Built in 1936 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: Yes
  • Year Built: 1936
  • Year Renovated: 2023
  • Remarks Public: Calling all investors for this 6 TH-style units in a brand new building with views of the Wash Monument and the Capitol! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 6-unit residence to the mix. The Dezy Condominiums has an expansive rooftop with 360 degree views of DC’s skyline for the penthouse units. There is a clear shot of the Capital from the all six units and spectacular sunsets. In addition, each unit has its own private outdoor space, 3 bedrooms and 2.5 baths over two floors. Each unit has a spacious, open concept living & dining area which is graced by an oversized picture window at each end of the home that offers ample natural light throughout the main level. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic L-shaped kitchen has quartz countertops, matching backsplash, white shaker cabinetry with black metal hardware, an oversized island with storage and an 7.5ft wide deep pantry. The brand-new SS appliances offer functionality and style. All the bedrooms have morning or sunset views and are on the same floor as the laundry. Both full baths have spa-like features and feel. Full-size washer and dryer in every unit. The secured 6-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while the unit has a smart home security system installed. These SIX condos run from 1640-1800 sq ft each. Within walking distance to H Street Corridor, Aldi, Safeway and the Arboretum. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come. . Average rentals for each unit currently goes for $3800-4000/mo. When renting out the 6 units, that's roughly a 6.825% cap rate! Build out to be completed by end of Dec 2024.
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Outside Entrance
  • Total Sq Ft: 10000
  • Living Area Sq Ft: 7500
  • Price Per Sq Ft: 533.33
  • Above Grade Finished Sq Ft: 7500
  • Below Grade Sq Ft: 2500
  • Total Below Grade Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1140

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6062.00
  • Outdoor Living Structures: Patio(s), Balcony
  • Property Condition: Excellent
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Year Assessed: 2023
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5383.00
  • Assessor Parcel Number: 4472//0087
  • Tax Lot: 86,87,88
  • Tax Data Updated: No
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 6

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Price Changed $4,000,000 +4.8% $533 / Sq Ft
08/30/2024 08/30/24 Price Changed $3,815,000 +33.9% $509 / Sq Ft
05/17/2024 05/17/24 Price Changed $2,850,000 +3.6% $380 / Sq Ft
03/13/2024 03/13/24 Price Changed $2,750,000 +1.9% $367 / Sq Ft
03/08/2024 03/08/24 Price Changed $2,700,000 -10.0% $360 / Sq Ft
03/08/2024 03/08/24 Price Changed $2,999,999 +11.1% $400 / Sq Ft
03/02/2024 03/02/24 Price Changed $2,700,000 -1.8% $360 / Sq Ft
02/13/2024 02/13/24 For Sale $2,750,000 -- $367 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2128304

Bright MLS

APN: 4472- -0087