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Map
$1,300,000
↓ $200K (13.3%)
●
Commercial -
For Sale
526 NEWTON PL NW
WASHINGTON, DC 20010
Studio
0 Bath
$6,384
Estimated Monthly
$0
HOA / Fees
About This Property
Investor Alert! A prime opportunity awaits with this 6-unit
building now available for sale. Each unit features one bedroom,
one bath, separate utilities, and private balconies. Located 2
blocks off Georgia Ave in the flourishing Petworth/Park View
neighborhood, this property presents versatile options for savvy
investors. Whether as a strategic buy-and-hold investment with the
potential for significant unit upgrades or a lucrative conversion
into luxury condos, the possibilities are endless. Noteworthy
features include a vacant rear lot, offering further expansion
potential. The property will be sold "as-is" and delivered vacant,
with six of the units currently owner-occupied. Additionally, the
owners may request a short rent-back period post-closing. Showings
are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM.
Don't miss out on this exceptional opportunity to capitalize on the
thriving real estate market in the sought-after Park View
neighborhood.
Unit Size
-
Days on Market
58 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$460
HOA Dues
-
Year Built
1953
Listed By
Last updated: 30 days ago (Bright MLS #DCDC2129544)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2024 | Price Decreased |
$1,300,000
↓ $200K
(13.3%)
|
|
| Price Decreased | |||
| Mar 2, 2024 | Listed by TTR Sotheby's International Realty | $1,500,000 | |
| Listed by TTR Sotheby's International Realty | |||
Property Highlights
Parking Details
Parking Features: On Street
Exterior Details
Property Information
Ownership Interest: Cooperative
Year Built Source: Assessor
Building Information
Construction Materials: Brick
Lot Information
Additional Lot(s)
Tidal Water: N
Land Information
Land Assessed Value: $662,940
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $5,525
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $662,940
Tax Year: 2022
Tax Annual Amount: $5,525
Year Assessed: 2022
Utilities Details
Cooling Type: Multi Units
Heating Type: Central
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Septic
Water Source: Public
526 NEWTON PL NW
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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
House
5
Beds
4
Baths
1,675 ft²
$755/ft²
$1,265,000
May 16, 2023
$1,265,000
Jun 12, 2023
-
Condo
4
Beds
5
Baths
2,778 ft²
$396/ft²
$1,099,900
Jul 21, 2023
$1,099,900
Aug 30, 2023
-
Condo
4
Beds
5
Baths
2,778 ft²
$387/ft²
$1,074,999
Jul 24, 2023
$1,074,999
Sep 18, 2023
-
House
5
Beds
5
Baths
2,322 ft²
$523/ft²
$1,214,000
Feb 10, 2023
$1,214,000
Apr 26, 2023
-
Townhouse
4
Beds
4
Baths
1,512 ft²
$757/ft²
$1,145,000
Apr 27, 2023
$1,145,000
Jul 6, 2023
-
Townhouse
6
Beds
6
Baths
1,352 ft²
$923/ft²
$1,248,490
Dec 1, 2022
$1,248,490
Mar 27, 2023
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
526 Newton Place Northwest
526 Newton Place Northwest, Washington, DC 20010
- 2 Units for Sale
About Northwest Washington
Similar Homes for Sale
Nearby Rentals
$2,030 /mo
- Studio
- 1 Bath
- 485 ft²
$2,000 /mo
- Studio
- 1 Bath
- 406 ft²
Listed by: Noelle-Kristine Spencer
TTR Sotheby's International Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# DCDC2129544
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
TTR Sotheby's International Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# DCDC2129544
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
