2117 M St NE | Washington, DC 20002
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- LoopNet Team
2117 M St NE
Washington, DC 20002
Multifamily Property For Sale · 5 Units
INVESTMENT HIGHLIGHTS
- Prime investment opportunity in the vibrant heart of Washington, DC.
- Construction cost estimated between $1.1-$1.2M
- Gross Rental Potential $408K.
- Remarkable 17 Unit Condo Conversion Delivered with plans and permits.
- Projected out-sale can range from $4.2M - $4.5M.
- ARV based on $525/SF - $600/SF
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 7,322 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1943 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 7,322 SF |
| No. Stories | 2 |
| Year Built | 1943 |
| Parking Ratio | 1.37/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 4467-0005 | Improvements Assessment | $227,040 |
| Land Assessment | $423,570 | Total Assessment | $650,610 |
PROPERTY TAXES
Parcel Number
4467-0005
Land Assessment
$423,570
Improvements Assessment
$227,040
Total Assessment
$650,610
ZONING
| Zoning Code | RA-2 |
| RA-2 |
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