DC > Washington > Logan Circle
Washington, DC 20009,1311 R ST NW
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Bob Lucido Team

Bob Lucido Team

+1(410) 465-6900
$4,000,000
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Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Logan Circle

MLS Listing ID DCDC2190918

Style Contemporary

Bedrooms 6

Full Baths 6

Half Baths 2

HOA Y/N N

Originating Board BRIGHT

Year Built 2018

Annual Tax Amount $6,660

Tax Year 2022

Lot Size 1,811 Sqft

Acres 0.04

Property Sub-Type Interior Row/Townhouse

Property Description

A rare investment opportunity in the heart of one of the most sought-after neighborhoods in all of Washington, DC. Located on a gorgeous tree-lined street just steps to bustling 14th Street and U Street corridors, this offering comprises of two newly built attached properties that were developed as luxury condos in 20018. The current owner has operated both buildings as corporate and/or short term rentals. The buildings collectively are earning an Annual NOI (Net Operating Income) of $583,000. The Cap Rate is just over 12%. This assemblage is an ideal turn-key investment opportunity for a first-time or seasoned investor, and/or Landlord Occupant.

Location

State DC

County Washington

Zoning RESIDENTIAL

Rooms

Basement Combination

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

View City

Accessibility None

Total Parking Spaces 2

Garage N

Building

Story 4

Foundation Block, Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories 4

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Senior Community No

Tax ID 0239//0135

Ownership Fee Simple

SqFt Source Assessor

Horse Property N

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Noel P Sesay • Compass

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Bob Lucido Team

+1(410) 465-6900

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