Property
Washington, DC 20010 526 Newton Place NW
$1,300,000
0 more
Presented By: TTR Sotheby's International Realty
Beds • 24
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. Please call the listing agent for showings: 24-hour notice is kindly requested.
Presented By: TTR Sotheby's International Realty
Interior Features for 526 Newton Place NW
Bedrooms
Three Bedroom Units Count4
Other Interior Features
LivingAreaSourceEstimated
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
Architectural StyleBi-level
Buyer Agent Compensation3
Buyer Agent Compensation Type% Of Gross
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingMulti Units
CountyWASHINGTON
Days on Market71
Directions2 blocks off Georgia Ave in Park View
Garage Y/NNo
HeatingCentral
Historic Y/NNo
Lease TypeNone
Legal SubdivisionColumbia Heights
Lot Size Square Feet3960.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-05-01T16:08:21
New ConstructionNo
Number of Units Leased
NumberOfUnitsTotal4
One Bedroom Units Count4
Other StructuresAbove Grade
Percent OwnershipFee Simple
PossessionSeller Rent Back
Price Per Sq Ft Total AG328.28
Property SubTypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount5525.0
Tax Assessed Value662940.0
Tax Lot815 + 816
Tax Year2022
Total SQFT3960
Two Bedroom4
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1953
Year Built SourceEstimated
ZoningRES COOPERATIVE - HORIZON
Exterior for 526 Newton Place NW
Foundation DetailsConcrete Perimeter
Land Assessed Value263850.00
Land Use Code
Lot FeaturesAdditional Lot(s)
Lot Size Acres0.09
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Karina Gil
Associate
Price
$1,300,000
MLS#DCDC2138300
List Date
04/25/2024
Property Type
Multi-Family
Phone
(973) 517-8104