$2,500,000
$2,750,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
3,506 SqFt
SOLD DATE : 11/09/2015
Key Details
Sold Price $2,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $713
Subdivision Georgetown
MLS Listing ID 1001344279
Sold Date 11/09/15
HOA Y/N N
Originating Board MRIS
Year Built 1900
Annual Tax Amount $13,114
Tax Year 2014
Lot Size 1,193 Sqft
Acres 0.03
Property Description
Rare opportunity to purchase the most-recognized residential dwelling in Georgetown's West Village. The property is one building with two addresses, 3348 Prospect St and 1223 34th St. Location is 3 blocks from Georgetown University. Gross rent in 2014-15 was $208,800. Excellent rental history. Tenants pay utilities. Currently vacant. Priced at cap rate of 5.2%.
Location
State DC
County Washington
Zoning R
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Waterfront Description None
View Y/N Y
Water Access N
View Water
Roof Type Slate
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Structure Type 9'+ Ceilings
New Construction N
Schools
Elementary Schools Hyde
Middle Schools Hardy
School District District Of Columbia Public Schools
Others
Tax ID 1205//0814
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Mark D McFadden • Washington Fine Properties, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "