1833 Swann St NW
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1833 Swann St NW
9 Unit Apartment Building $3,600,000 ($400,000/Unit) Washington, DC 20009
Investment Highlights
- Coveted Blue-Chip Location
- 100% Vacant - Not Subject to TOPA
- Transit Oriented Location
- Recently Gut Renovated Asset
- Strong Rental Submarket & Flexibility In Investment Strategy
- Outstanding Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive sale of 1833 Swann Street NW, a fully renovated 9-unit multifamily asset in Washington, DC (the “Property”). Located in the northern part of DC’s blue-chip Dupont Circle neighborhood, the Property is a short walk from the Circle itself, the U Street corridor and the 14th Street corridor, the area’s primary commercial corridors offering a wide array of nearby shopping, dining, grocers, public parks, and entertainment options. 1833 Swann Street NW was recently gut renovated and is currently 100% vacant, offering a unique opportunity to acquire a turnkey asset in one of DC’s most in-demand neighborhoods. The Property consists of 5,671 gross square feet within a two-story brick building with a unit mix consisting of one (1) one-bedroom unit with a private entrance, and eight (8) two-bedroom units. Each of the building’s units are all-electric and feature central A/C, stainless steel appliances, quartz countertops in the kitchens, LED lighting, LVT flooring, in-unit washer and dryers, and individual water heaters. The building itself features a new Yale Wireless Entry System, a Wi-Fi connected security system, a new TPO roof, refurbished windows, and new carpeting in the common areas. The turnkey nature of the asset will limit any upfront costs that a buyer will have to occur allowing them to spend their time focusing on curating a lease-up process to their liking. 4
Property Facts
Price | $3,600,000 | Apartment Style | Low Rise |
Price Per Unit | $400,000 | Building Class | C |
Sale Type | Investment | Lot Size | 0.08 AC |
No. Units | 9 | Building Size | 5,671 SF |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1941 |
Price | $3,600,000 |
Price Per Unit | $400,000 |
Sale Type | Investment |
No. Units | 9 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.08 AC |
Building Size | 5,671 SF |
No. Stories | 2 |
Year Built | 1941 |
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (84)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
Parcel Number | 0132-0828 | Improvements Assessment | $517,860 |
Land Assessment | $1,026,270 | Total Assessment | $1,544,130 |
PROPERTY TAXES
Parcel Number
0132-0828
Land Assessment
$1,026,270
Improvements Assessment
$517,860
Total Assessment
$1,544,130
zoning
Zoning Code | RA-2 (Resdiential) |
RA-2 (Resdiential) |
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1833 Swann St NW
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