2707 12th St NE | Washington, DC 20018
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- LoopNet Team
2707 12th St NE
Washington, DC 20018
Mixed Use Retail and Residential Asset · Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Mixed-Use Building Featuring Two Three-Bedroom Units and a Ground-Floor Retail Space
- Pro Forma CAP Rate Projected at 8.38 Percent
- Seller Financing Available with Below-Market Interest Rate Terms - 15-20% Downpayment
- Located Just Minutes from the Brookland-CUA Metro Station, Offering Excellent Transit Access to Downtown D.C. and the Surrounding Metropolitan Area
- One Residential Unit and Retail Space Delivered Vacant, Offering Immediate Value-Add Potential. Renovation Needed for both of These Units
PROPERTY FACTS
| No. Units | 3 | Building Size | 2,352 SF |
| Property Type | Multifamily | Average Occupancy | 25% |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built | 1941 |
| Lot Size | 0.02 AC | ||
| Zoning | MU-3 - Mixed-Use | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 2,352 SF |
| Average Occupancy | 25% |
| No. Stories | 3 |
| Year Built | 1941 |
| Zoning | MU-3 - Mixed-Use |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 403 | $2,800 | 900 |
PROPERTY TAXES
| Parcel Number | 3936-0042 | Improvements Assessment | $296,887 |
| Land Assessment | $126,310 | Total Assessment | $423,197 |
PROPERTY TAXES
Parcel Number
3936-0042
Land Assessment
$126,310
Improvements Assessment
$296,887
Total Assessment
$423,197
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