Multi-family building for sale

Bladensburg Rd.
Washington D.C.

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Property Description

Northeast DC multi-family property for sale.  The apartment building is being leased by a single corporation (no TOPA rights), with 5 years remaining on the existing lease, paying $20,500 per month, absolute net lease with annual 3% increases.  Area is quickly developing with some of Washington DC’s largest development projects underway nearby.  Building is in good condition and cared for by tenant, located in an ideal setting surrounded by recently rehabbed apartment buildings. Easy parking.  NDA required for location and property details.  Tenant has requested additional lease term, adding additional density is also possible, or converting back into residential.

Price: $4,500,000

Commercial real estate for sale

Basic Details
Building Type : Multi-familyFor Sale
Price : Negotiable
Size : 11,800 Sqft
Zoning : 120
Lot Size : 400
Interior Size : 10
Neighborhood : Carver Langston
Address Map
Street : Bladensburg Rd.
Floor Number : 0
Shopping Center 2 Minutes
Town Center 5 Minutes
Multi-family For Sale
  • Size : 11,800 Sqft
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