Property
Washington, DC 20012 1103 Fern Street NW
$2,200,000
48 more
Presented By: EXP Realty, LLC
SQFT • 10,200
Home Details
Prime Location! Rare Gem! Only 4 Units Left! Grab this Portfolio Deal! Bright and Spacious New Development Opportunity in desirable Shepherd Park. Only 4 Units Left! Grab this Portfolio Deal! 4 of the Remaining Units of 10 Unit Apartment Building Offered at $2,200,000 at a 6.53% Cap Rate in Washington, DC. Own your future residence with modern touches at a special launching price. Great investment value! This stylish Green Building is situated just beside the beautiful new 66-acre development at Walter Reed, with retail, entertainment, hotel, office, health care, schools, and 22 acres of parks and plazas. Situated in a vibrant part of the city with the comfort of modern living! MESKEN 1103 offers great living spaces surrounded by shops, restaurants, parks, and accessible transportation. Each of the ten condos has been designed to be functional and make the best use of the space. Experience urban convenience with a neighborhood feels in your new place. This is your chance to reserve your new home! Pics for the Model Home!
Presented By: EXP Realty, LLC
Interior Features for 1103 Fern Street NW
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1103 Fern Street NW
AccessibilityLevel Entry - Main
Association Recreation FeeN
Building NameSHEPHERD PARK
Business TypeApartment Building
Cap Rate6.53
CityWASHINGTON
Construction Completed Y/NYes
Construction MaterialsBrick Front, Combination, Concrete
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsGPS
Energy EfficientConstruction
HeatingCentral
Legal SubdivisionShepherd Park
ModificationTimestamp2025-02-12T17:40:15
Net Operating Income143643.00
New ConstructionYes
Number Of Units Total
OwnershipCondominium
PossessionSettlement
Price Per Sq Ft Total AG458.33
Property ConditionExcellent
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSHEPHERD PARK
Tax Annual Amount1966.0
Tax Assessed Value330020.0
Tax Lot2007
Tax Year2023
Total Actual Rent162000.00
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built2022
Year Built SourceEstimated
ZoningMU-4
Exterior for 1103 Fern Street NW
Building Area Total4800.00
Car Parking Spaces
Foundation DetailsConcrete Perimeter
Land Assessed Value99010.00
Land Use Code
Navigable Water Y/NNo
Parking FeaturesElectric Vehicle Charging Station(s), Private
Soil TypesUrban Land-Beltsville-Chillum
Total Loading Docks0
Total Parking Spaces0
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Antonio Freitas
Associate