5301 Connecticut Ave NW
Washington, DC 20015
Multifamily Property For Sale
·
19 Units


EXECUTIVE SUMMARY
ONE Street Commercial Properties is proud to present this rare new construction Multifamily Property located just south of Chevy Chase Circle.
The Property was delivered in the first quarter of 2021 and has 19 high end units, a mix of studios, 1-bedrooms, and 2-bedrooms units. 5301 Connecticut Avenue NW Washington is Zoned RA-2 with the Gross Building Area being 14,000 SF over 4 floors. The 19 Bedrooms has a Net Rentable Area of 10,709 SF. The long-term average vacancy rate over the past decade stands at 4.2%, with the median single-family home price over $1.2 Million in Chevy Chase, DC.
The building features modern kitchens, quartz countertops, white cabinets, and stainless-steel GE appliances - Modern bathrooms feature tile flooring, vanities with quartz countertops, large mirrors and wood cabinets with white and gray finishes, central heating and air conditioning , large windows , and 9’8 ceiling height. In addition, the property is constructed with Blueprint Construction’s pre-fabricated panels, which offer exceptional precision during construction and a foundation that is well above builder grade standards.
The Property was delivered in the first quarter of 2021 and has 19 high end units, a mix of studios, 1-bedrooms, and 2-bedrooms units. 5301 Connecticut Avenue NW Washington is Zoned RA-2 with the Gross Building Area being 14,000 SF over 4 floors. The 19 Bedrooms has a Net Rentable Area of 10,709 SF. The long-term average vacancy rate over the past decade stands at 4.2%, with the median single-family home price over $1.2 Million in Chevy Chase, DC.
The building features modern kitchens, quartz countertops, white cabinets, and stainless-steel GE appliances - Modern bathrooms feature tile flooring, vanities with quartz countertops, large mirrors and wood cabinets with white and gray finishes, central heating and air conditioning , large windows , and 9’8 ceiling height. In addition, the property is constructed with Blueprint Construction’s pre-fabricated panels, which offer exceptional precision during construction and a foundation that is well above builder grade standards.
PROPERTY FACTS
Sale Type | Investment |
No. Units | 19 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid-Rise |
Building Class | A |
Lot Size | 0.11 AC |
Building Size | 14,000 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built | 2021 |
Parking Ratio | 0.29/1,000 SF |
Zoning | RA-2 - The RA-2 zone provides for areas developed with predominantly moderate-density residential. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Double Pane Windows
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Bicycle Storage
- Online Services
PROPERTY TAXES
Parcel Number | 1873-0130 | Improvements Assessment | $3,940,840 |
Land Assessment | $1,688,850 | Total Assessment | $5,629,690 |