1443 Euclid Street NW

Washington, DC
$ 4,150,000 Beds 0 Baths 0 Sq 4,431 Virtual Tour
Monthly Estimate* How much can I afford?

Fully-occupied, 8-unit luxury apartment building in Columbia Heights with a 4.14% CAP Rate. This high-end property, constructed in 2018, includes a mix of one studio/1-bath unit; five 1-bed/1-bath units; and two 1-bed/1.5-bath units, all with stunning finishes, including Italian Fenix cabinetry in the kitchens and baths, wide plank French oak flooring, marble baths and backsplashes, and large floor-to-ceiling windows and sliding interior doors for tons of natural light. Seven of the units include private outdoor spaces, some quite large. All units include washers/dryers and separately metered electricity, HVAC and hot water. Fully-occupied with a NOI of nearly $180,000 annually, this is a fantastic stable long-term rental property--so attractive that tenants have requested multi-year leases and escalated over the advertised rent in the past to secure a unit. Continue to operate this as a long-term rental, or, as units turn over, consider short-term/corporate rentals for a potentially higher return. As this property has already been converted to a condominium (and this sale includes all units in the building), you also have the option of selling the units off individually over time. (The current sale includes all units; units will not be sold individually.) The location of this Columbia Heights gem can't be beat, with the green/yellow metro stop less than a 10-minute walk and Meridian Hill Park, several grocery stores and all the popular shops, bars and restaurants of 14th Street just steps away. Walk Score: 93; Bike Score: 91. Floor plans and photos of all 8 units are available in the attachments; a virtual tour video is available at https://vimeo.com/431616982. Because this is a 100% occupied building, out of consideration for tenants and due to COVID-19 precautions, no in-person showings will be available prior to submission of an LOI.

Commercial

  • Price
  • $ 4,150,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,431
  • Full Bathrooms
  • 0
  • Year Built
  • 1913
  • Half Bathrooms
  • 0
  • City, Zip
  • Washington
  • Taxes
  • 21452
  • County
  • WASHINGTON
  • Style
  • Apartment Building
  • Area
  • MLS#
  • DCDC473840
  • Zip
  • 20009
Listing Provided by: Long & Foster Real Estate, Inc.

Features

General

Acceptable Financing Negotiable, Conventional, Cash
Accessibility None
Business Type Apartment Building
Construction Materials Brick, Brick Front, Masonry
Cool Fuel Electric
Cooling Central A/C
County WASHINGTON
Electric Circuit Breakers
Flooring Hardwood
Heating Central
Legal Subdivision COLUMBIA HEIGHTS
Location Type Downtown
New Construction No
Ownership Condominium
Parking Features Public
Possession Subject to Existing Lease, Settlement, Negotiable, 31-60 Days CD
Price Per Sq Ft 936.58
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Excellent
Real Estate Owned Y/N No
Roof Flat
Security Features Fire Detection System, Intercom, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
Sewer Public Sewer
Subdivision Name COLUMBIA HEIGHTS
Tax Annual Amount 21452.6
Tax Lot 2089-2096
Tax Year 2020
Total Units 8
Utilities Cable TV Available, Electric Available, Sewer Available, Water Available
Vacation Rental Y/N No
View City
Water Access Y/N No
Zoning RA-2
Zoning Description The RA-2 zone provides for areas developed with predominantly moderate-density residential.

Interior Features

Central Air Y/N Yes
Entry Level 2
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 4431.00
Door Features Sliding Glass, Insulated, French
Fencing Y/n No
Navigable Water Y/N No
Soil Types Urban Land Not Rated
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Bethesda, MD office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/24/2020 Listed $4,300,000
10/31/2020 4% - $4,150,000

Property vs Zip Code Average in 20009

Price
AVG $950K
$4.15M
Taxes
AVG $32,455
$21,452
Visits
AVG 66
99
Year Built
AVG 1924
1913
Walkscore
AVG 97
93
Data Provided by Walkscore ® not using MLS data

Map

1443 Euclid Street NW Washington, DC is a Single Family Home for sale at $4150000 with 4431 sqft and a lot size of Acre(s). 1443 Euclid Street NW Washington has 0 bedrooms, 0 baths and was built in 1913. The property's zip code is 20009 which is in Washington, DC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.