Property
Washington, DC 20010 526 Newton Place NW
$1,300,000
0 more
Presented By: TTR Sotheby's International Realty
SQFT • 3,960
Home Details
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
Presented By: TTR Sotheby's International Realty
Interior Features for 526 Newton Place NW
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 526 Newton Place NW
Acceptable FinancingCash, Conventional, Exchange, FHA, FHA 203(b), FHA 203(k), Installment Sale, Joint Venture, Private, Other
Accessibility2+ Access Exits
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingMulti Units
CountyWASHINGTON
Days on Market215
Directions2 blocks off Georgia Ave in Park View
HeatingCentral
Historic Y/NNo
Legal SubdivisionColumbia Heights
ModificationTimestamp2024-08-14T05:08:17
New ConstructionNo
NumberOfUnitsTotal6
Percent OwnershipCooperative
PossessionSeller Rent Back
Possible UseApartment Building, Apartments, Development, Investment, Multi-Family, Residential, Special Purpose, Other
Price Per Sq Ft Total AG328.28
Property SubTypeFive Or More Units
Property TypeCommercial Sale
Property UseOwner User
SewerPublic Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount5635.0
Tax Assessed Value662940.0
Tax Lot815 + 816
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningRES COOPERATIVE - HORIZON
Exterior for 526 Newton Place NW
Building Area Total3960.00
Car Parking Spaces
Land Assessed Value263850.00
Land Use Code
Lot FeaturesAdditional Lot(s)
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ebonie Clerier
Associate