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Washington, DC 20007,4500 MACARTHUR BLVD NW
Washington, DC 20007,4500 MACARTHUR BLVD NW
Washington, DC 20007,4500 MACARTHUR BLVD NW
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$1,375,000
Est. payment /mo
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3,600 SqFt
New

4500 MACARTHUR BLVD NW Washington, DC 20007

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $381

MLS Listing ID DCDC2240980

Style Other

Abv Grd Liv Area 3,200

Year Built 1937

Annual Tax Amount $11,987

Tax Year 2026

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

TOPA COMPLIANCE COMPLETED: The building's tenants and DHCD have already been notified of the Seller's intent to sell the property via the issuance of TOPA notices, and TOPA has been cleared. The completion of the TOPA process provides a significant benefit to a buyer by eliminating the typically long and uncertain closing timelines, as well as additional buyer costs. THE OPPORTUNITY: The two-story building with partial basement contains four (4) total units, comprised of two 2-Bedroom/1-Bathroom units and two 1-Bedroom plus Den /1-Bathroom units with approximately 3,600 square feet of gross living area. The Property has historically generated strong rental demand ($2,300/unit) and full occupancy from young professionals, graduate students and others connected with nearby Georgetown and George Washington Universities, multiple hospitals, as well as northern Virginia. The Property is also situated upon a 6,066 square foot RA-1 zoned lot, which presents the opportunity whether now or in the future to more than double the gross square footage of the building, as well as add units. RENT CONTROL EXEMPT: The building is currently exempt from rent control, and for buyers who do not own more than four units in Washington, DC, this property would remain exempt. As compared to other DC multifamily opportunities, this creates additional and immediate flexibility for rental increases, and other value-add initiatives that aim to boost income.

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 3200

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 1356-0000-0862

Ownership Fee Simple

SqFt Source 3600

Special Listing Condition Standard

Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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4500 MACARTHUR BLVD NW

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