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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
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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)
  • Listing ID: 33703724

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 1833 Swann St NW, Washington, DC 20009

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