1340 21st St NW | Washington, DC 20036
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- LoopNet Team
1340 21st St NW
Washington, DC 20036
Renovated | Assumable Mtg | 3.24% Int. Rate · Multifamily Property For Sale
·
10 Units
Investment Highlights
- Rent Control Exempt Ten Unit Multifamily Building in Dupont Circle.
- Ability To Raise Net Operating Income by Over 50% by Setting Market Rents.
- Separately Metered Electrical and Heating in Each Unit With Recently Redone Roof.
- An Assumable First Mortgage with a 3.26% Interest Rate
- One of Washington D.Cs Highest Demand Rental Markets.
- Attractive Unit Mix of Four Studio, Four One Bedroom, and Two Two Bedroom Units.
Property Facts
| No. Units | 10 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 6,928 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1910/2023 |
| Zoning | RA-2/DC - Provide strong protections to retain its low scale, predominantly residential character, independent small retail businesses, and streetscapes. | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,928 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2023 |
| Zoning | RA-2/DC - Provide strong protections to retain its low scale, predominantly residential character, independent small retail businesses, and streetscapes. |
Amenities
Unit Amenities
- Kitchen
- Oven
- Range
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 450 - 475 |
| 1+1 | 4 | - | 400 - 695 |
| 2+1 | 2 | - | 795 - 895 |
Property Taxes
| Parcel Number | 0069-0832 | Improvements Assessment | $2,742,870 |
| Land Assessment | $757,350 | Total Assessment | $3,500,220 |
Property Taxes
Parcel Number
0069-0832
Land Assessment
$757,350
Improvements Assessment
$2,742,870
Total Assessment
$3,500,220
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