See Home Value
$4,954,310*
Commercial - Off Market

1443 EUCLID ST NW

WASHINGTON, DC 20009
bedrooms
Studio
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
-
Commercial
Loft
-
-
$4,150,000 Jan 16, 2021
-
-
Commercial
Loft
-
-
$3,800,000 Mar 30, 2020
-
-
Commercial
Loft
-
-
$3,400,000 Oct 10, 2023
-
$1,105/mo
Commercial
Loft
-
-
$3,400,000 Oct 21, 2023
-
$1,160/mo
Multifamily
Stu
-
3,268 ft²
$1,377/ft²
$4,500,000 Oct 13, 2023
-
$12,379/mo
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
20200623
06/23/2020
Loft
-
-
$4,300,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20170902
09/02/2017
8 Bed
10 Bath
4200 ft²
$3,400,000
bedrooms
8 Bed
bathrooms
10 Bath
square feet
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
More about this Building
1443 Euclid Street Northwest
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About Northwest Washington


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