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Map
$4,954,310*
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Commercial -
Off Market
1443 EUCLID ST NW
WASHINGTON, DC 20009
Studio
0 Bath
$3,735,000 - $4,565,000
Reference Base Price*
19.38%
Since Feb 1, 2021
DC-Washington
Primary Model
About This Property
Fully-occupied, 8-unit luxury apartment building in Columbia
Heights with a 4.14% CAP Rate. This high-end property,
constructed in 2018, includes a mix of one studio/1-bath unit; five
1-bed/1-bath units; and two 1-bed/1.5-bath units, all with stunning
finishes, including Italian Fenix cabinetry in the kitchens and
baths, wide plank French oak flooring, marble baths and
backsplashes, and large floor-to-ceiling windows and sliding
interior doors for tons of natural light. Seven of the units
include private outdoor spaces, some quite large. All units
include washers/dryers and separately metered electricity, HVAC and
hot water. Fully-occupied with a NOI of nearly $180,000
annually, this is a fantastic stable long-term rental property--so
attractive that tenants have requested multi-year leases and
escalated over the advertised rent in the past to secure a unit.
Continue to operate this as a long-term rental, or, as units
turn over, consider short-term/corporate rentals for a potentially
higher return. As this property has already been converted to
a condominium (and this sale includes all units in the building),
you also have the option of selling the units off individually over
time. (The current sale includes all units; units will not be
sold individually.) The location of this Columbia Heights gem
can't be beat, with the green/yellow metro stop less than a
10-minute walk and Meridian Hill Park, several grocery stores and
all the popular shops, bars and restaurants of 14th Street just
steps away. Walk Score: 93; Bike Score: 91. Floor
plans and photos of all 8 units are available in the attachments; a
virtual tour video is available at https://vimeo.com/431616982.
Because this is a 100% occupied building, out of
consideration for tenants and due to COVID-19 precautions, no
in-person showings will be available prior to submission of an LOI.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$21,453
HOA Dues
-
Year Built
1912
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 17, 2021 | No longer available | - | |
No longer available | |||
Nov 1, 2020 | Price Decreased |
$4,150,000
↓ $150K
(3.5%)
|
|
Price Decreased | |||
Jun 23, 2020 | Listed | $4,300,000 | |
Listed | |||
Mar 28, 2018 | Sold | $455,003 | |
Sold | |||
Jan 29, 2010 | Sold | $1,210,660 | |
Sold |
Property Highlights
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
3
Beds
3
Baths
2,371 ft²
$1,561/ft²
$3,700,000
May 4, 2023
$3,700,000
Dec 1, 2023
-
House
4
Beds
5
Baths
3,900 ft²
$846/ft²
$3,300,000
Sep 13, 2023
$3,300,000
Oct 18, 2023
-
Townhouse
6
Beds
5
Baths
2,536 ft²
$1,378/ft²
$3,495,000
May 4, 2023
$3,495,000
Jun 26, 2023
-
Townhouse
5
Beds
5
Baths
3,759 ft²
$891/ft²
$3,350,000
Jan 26, 2023
$3,350,000
Apr 28, 2023
-
Townhouse
4
Beds
4
Baths
2,355 ft²
$1,442/ft²
$3,395,000
Jun 22, 2023
$3,395,000
Jul 17, 2023
-
Townhouse
5
Beds
4
Baths
3,172 ft²
$1,103/ft²
$3,500,000
May 17, 2023
$3,500,000
Jun 22, 2023
-
Active
Multifamily
Stu
-
3,268 ft²
$1,377/ft²
$4,500,000
Oct 13, 2023
-
$12,379/mo
Active
Multifamily
Stu
-
4,231 ft²
$1,064/ft²
$4,500,000
Oct 19, 2023
-
$12,641/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/23/2020
|
|
Loft
|
-
|
-
|
$4,300,000
Loft
-
|
-
-
|
-
|
-
|
09/02/2017
|
|
8 Bed
|
10 Bath
|
4200 ft²
|
$3,400,000
8 Bed
10 Bath
4200 ft²
|
$455,003
-86.62%
03/28/2018
|
-
|
Jesse Sutton
|
Building Info
1443 Euclid Street Northwest
1443 Euclid Street Northwest, Washington, DC 20009
- 1 Unit for Sale