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1223 N St NW Washington DC 20005 1223 N St NW 6 Unit Apartment Building $4,000,000 ($666,667/Unit) 6% Cap Rate Washington, DC 20005
Investment Highlights
- heavy foot traffic
Executive Summary
Located at 1223 N Street Northwest in Washington, DC, USA, this apartment represents an inviting home, prepared for immediate enjoyment.The kitchen, a central element of this residence, is thoughtfully equipped with pristine stone countertops, providing both a durable surface and an elegant visual appeal. These surfaces are beautifully complemented by shaker cabinets, which offer extensive storage solutions while contributing to a refined and enduring design aesthetic.This singular apartment, encompassing one story, offers a convenient and accessible living arrangement. Its ready-to-move-in condition ensures a seamless transition for its next occupant, promising comfort and ease from day one.This apartment offers a refined and effortless living experience within a distinguished urban setting.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $4,000,000 | Property Subtype | Apartment |
| Price Per Unit | $666,667 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6% | Lot Size | 0.11 AC |
| Sale Condition | Ground Lease (Leasehold) | Building Size | 6,494 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Zoning | RA-3 - moderate- to high-density residential zoning district | ||
| Price | $4,000,000 |
| Price Per Unit | $666,667 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Sale Condition | Ground Lease (Leasehold) |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,494 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | RA-3 - moderate- to high-density residential zoning district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 9+5 | 6 | $2,600 | 6,494 |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (99)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,768,880 | |
| Land Assessment | $992,250 | Total Assessment | $2,761,130 |
Property Taxes
Parcel Numbers
Land Assessment
$992,250
Improvements Assessment
$1,768,880
Total Assessment
$2,761,130
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
R E Shilow Realty Investors
1223 N St NW Washington DC 20005 | 1223 N St NW
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