1410-1412 Young St SE | Washington, DC 20020
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- LoopNet Team
1410-1412 Young St SE
Washington, DC 20020
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- 1410-1412 Young Street SE an 18-unit apartment community made up of 6 one-bedroom and twelve two-bedroom units
- . This downtown location will be in high demand among both future renters and savvy investment professionals alike
- This allows new ownership to stabilize the asset earlier in its investment cycle, thereby increasing cash yields
- The Property’s high vacancy and location in the path of development makes an ideal value-add opportunity
- 9 of the 18 units are currently vacant, allowing new ownership to quickly implement their value-add plan immediately upon acquisition
- Current ownership has completed significant feasibility studies in pursuit of adding an additional structure to the site
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 13,434 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 0.61/1,000 SF |
| Zoning | RA-2 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 13,434 SF |
| No. Stories | 3 |
| Year Built | 1953 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | RA-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Tenant Controlled HVAC
- Walking/Biking Trails
- Maintenance on site
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 5564-0068 | Improvements Assessment | $1,502,730 |
| Land Assessment | $585,230 | Total Assessment | $2,087,960 |
PROPERTY TAXES
Parcel Number
5564-0068
Land Assessment
$585,230
Improvements Assessment
$1,502,730
Total Assessment
$2,087,960
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