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313-317 Kennedy St NW

WASHINGTON, DC 20011
  • $33,450,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: DCDC2155872
$33,450,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2024
County:

School Information

Elementary School:
Middle School:
High School:

Description

Multifamily Portfolio Sale in DC! Attention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunity"a prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024.Strategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies.Listed at $33,450,000, this opportunity promises substantial returns, backed by D.C.s consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or City Smart Living | Keller Williams Metro Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T23:51:15.22.
www.citysmartliving.com/homes/154003965
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313-317 Kennedy St NW WASHINGTON, DC 20011

  • Price: $33,450,000
  • Status: Active
  • On Site: 111 Days
  • ID#: DCDC2155872
0
Beds
0
Baths
0
½ Baths
0.55
Acres
2024
Built
County:
Washington
Elementary School:
Truesdell
Middle School:
Whittier Education Campus
High School:
Coolidge Senior
School District:
District Of Columbia Public Schools
Property Description
Multifamily Portfolio Sale in DC! Attention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunity"a prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024.Strategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies.Listed at $33,450,000, this opportunity promises substantial returns, backed by D.C.s consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.
Exterior Features

Construction Materials Concrete Garage YN No Parking Types On Street Property Condition Excellent Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 80000.00 Cooling Central A/C Heating 90% Forced Air Heating YN Yes Net Square Feet 80000.00

Property Features

Acceptable Financing CashBank PortfolioConventional Accessibility Features Level Entry - Main Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN Yes Original MLSNumber 803308750966 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Septic Tax Annual Amount 0.00 Vacation Rental YN No Water Source Public Zoning MU-4

Listing courtesy of EXP Realty, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or City Smart Living | Keller Williams Metro Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-12T23:51:15.22.
 
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