$3,650,000
$3,650,000
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7,098 SqFt
SOLD DATE : 12/09/2022
Key Details
Sold Price $3,650,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,098 sqft
Price per Sqft $514
Subdivision Woodley Park
MLS Listing ID DCDC2020810
Sold Date 12/09/22
Originating Board BRIGHT
Year Built 1922
Annual Tax Amount $25,599
Tax Year 2021
Lot Size 2,870 Sqft
Acres 0.07
Property Description
Welcome to The Westport. A 9 unit boutique building located in the heart of Woodley Park, one of Washington’s most established and sought-after neighborhoods. Woodley Park is known for its active residential community, restaurants, proximity to Kalorama, Dupont Circle, Cleveland Park and Adams Morgan. The property is located just two blocks north of the Woodley Park Metro Station and Rock Creek Park as well as two blocks south of the National Zoo. In 2014 this historic building was completely redeveloped and expanded. It is EXEPMT FROM RENT CONTROL! Units are separately metered and the building has been registered as a condominium.
100% Occupancy with a gross annual income of $266,340
1 x STUDIO
4 x 1 BD/1 BA , 1 WITH PRIVAE PATIO
3 x 2BD/2BA, 1 WITH PRIVATE PATIO
1 x 2 LEVEL PENTHOUSE WITH LOFT AND PIVATE ROOF DECK.
Showings by appointment only- contact listing agent, Sarah Grinder for all appointments and questions
Offering Memorandum (OM) available in document section and upon request.
Appraisal completed September 2021 by JLL Valuation & Advisory Services: $4,370,000
Title Company: Pinnacle Title & Escrow Inc. (they have already started the preliminary paperwork for TOPA)
Location
State DC
County Washington
Zoning RA-4
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Septic, Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2107//0080
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Benjamin R Puchalski • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "