$2,500,000
$2,750,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
3348 PROSPECT ST NW Washington, DC 20007
3,506 SqFt
Key Details
Sold Price $2,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $713
Subdivision Georgetown
MLS Listing ID 1001344279
Sold Date 11/09/15
HOA Y/N N
Originating Board MRIS
Year Built 1900
Annual Tax Amount $13,114
Tax Year 2014
Lot Size 1,193 Sqft
Acres 0.03
Property Description
Rare opportunity to purchase the most-recognized residential dwelling in Georgetown's West Village. The property is one building with two addresses, 3348 Prospect St and 1223 34th St. Location is 3 blocks from Georgetown University. Gross rent in 2014-15 was $208,800. Excellent rental history. Tenants pay utilities. Currently vacant. Priced at cap rate of 5.2%.
Location
State DC
County Washington
Zoning R
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront Description None
View Y/N Y
Water Access N
View Water
Roof Type Slate
Garage N
Building
Sewer Public Sewer
Water Public
Structure Type 9'+ Ceilings
New Construction N
Schools
Elementary Schools Hyde
Middle Schools Hardy
School District District Of Columbia Public Schools
Others
Tax ID 1205//0814
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Mark D McFadden • Washington Fine Properties, LLC
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