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1741 S St
For Sale $2,850,000 ($633.33 per Sq Ft)
$2,850,000 ($633.33 per Sq Ft)
- 4 Units
- 4,500 Sq Ft
- 1,755 Sq Ft
- Unknown Cap Rate
Description
The Dawson presents a unique opportunity for complete ownership of an historic 7-UNIT condominium building in the heart of Dupont Circle. While the Dawson has been under single ownership for the past two owners, it has offered reliable, consistent investment returns in part because tenants love the beautiful, the light filled units with within a historic building located on one of Dupont's most idyllic tree-lined blocks. The current owner has made thoughtful improvements during their ownership and benefited from very high occupancy rates, relatively low and maintenance expenses. The Dawson consists of 4,500 gross square feet within a four-story interior brick building with seven light filled units rented at below market rates. The Property is zoned R-5-B and because of the condominium regime offers a future buyer remarkable flexibility for repositioning the asset.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,850,000 |
| Property Type | Other |
| Usable Sqft | 4,500 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1910 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | Unknown |
| MLS # | DCDC2163770 |
| Property ID | 321003281 |
| Lot Sqft | 1,755 |
| Zoning | R-5-B |
| Total Units | 4 |
| Days on Market | 23 |
| Original List Price | Unknown |
| Date Updated | November 04, 2024 |
| Date Created | October 30, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $182,100 | $0 |
| Net Income (Yr) | $ 130,603 |
Listing Provided By
Tim Barley an agent of . Lic #BR98379209
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Data last updated: November 22, 2024.
Robert Crawford
REAL ESTATE AGENT