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$3,491,872
52 Days On Site

700 Quincy St NE
Washington, DC 20017

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
12,500
SqFt
$279
/SqFt
2021
Built
County:
WASHINGTON
Listing courtesy of Capital Realty Advisors

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700 Quincy St NE700 Quincy St NE700 Quincy St NE
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* 100% Leased * New construction—completed in 2021 * HCVP tenants—guaranteed rent * Short walk to Brookland-CUA Metro Quincy St. Apartments is a new construction (2021), Class-A style 7-unit multifamily building, with washer/dryer in each unit. All tenants participate in the Housing Choice Voucher Program, offering mutual benefits: Tenants can rent in private market, and landlords get guaranteed rent. The new construction means minimal to no deferred maintenance, providing a benefit to investors from a property in excellent condition, increasing its appeal and potential for long-term returns. In addition, the proximity to Catholic University of America campus means a steady supply of students seeking access to walkable housing. The large bedroom count in some of the units would be perfect for a shared-living concept. Before selling, the Landlord must provide the Tenants with an Offer of Sale, regardless of whether a Third Party contract is already in place. Only an incorporated Tenant Organization may exercise the right to purchase a property with 5 or more units. A statement of interest has to be made within 45 days of receipt of the Offer of Sale. Confidential P&L and rent roll available to qualified investors upon signing of confidentiality agreement. See link on page 4 of offering memorandum in documents section.

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Listing Snapshot
Price 
$3,491,872
Days On Site 
52 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
2021
MLS® Number 
DCDC2162536
Status 
Active
Property Tax 
$7,914
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.17
Number Of Stories 
4
Parking 
On Street
Parking Spaces 
2
Property Condition 
New Construction
Sewer 
Public Sewer
SqFt Total 
12500
Water Source 
Public
Zoning 
The RA-1 zone is for low- to moderate-density development, including detached houses, row houses, and low-rise apartments.
Interior Features
Appliances 
Electric Water Heater
Heating 
Electric
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Exterior Features
Construction Details 
Brick
Listing courtesy of Capital Realty Advisors



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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