1123 11th St Nw

$4,950,000, 11,500 Sqft .06 Acres

About This Property

Visit 1123eleven.com for further details. Rare opportunity to purchase a 7-unit building in the heart of the city. Located at the intersection of Washingtons Downtown, Logan Circle, Shaw, and Mt. Vernon Square neighborhoods. Historic Victorian architecture meets modern design. Originally constructed in 1900 and redeveloped in 2008 with approximately 11,500 Sq.Ft. of gross building area over six floors, including a two-story penthouse addition with multiple outside terraces. Registered as a condominium and currently configured as 7 contemporary rental apartments. Developed by TDG; design by Norman Smith Architecture. D-1-R Zoning permits limited commercial use on or below the ground floor. Maximum allowable FAR 6; as-built FAR 3.7. Maximum allowable height: 90 ft. (plus a 20 ft. penthouse); as-built height: ~60 ft. (not including ~8.5 ft. mechanical penthouse). Cap Rate: ~6.3% (Pro Forma, Mixed-use tenancy), Pro Forma Gross Operating Income Residential/Commercial: ~$360,000, Pro Forma Operating Expenses: ~$48,000, Actual Gross Operating Income 2018: ~$334,000 (100% Residential), Actual Gross Operating Income 2017: ~$330,000 (100% Residential), Photos current as of April 2019. Disclaimer: The statements contained herein do not form any part of any offer or contract and are issued without responsibility on the part of Washingtopia Real Estate Llc. or its clients. All descriptions, dimensions, and necessary permissions for use and occupation or any other details including financial figures and projections are given in good faith and are believed to be credible, but are not to be relied upon as statements or representations of fact; any intending purchaser must satisfy themselves as to the correctness of each statement made.

Essential Information

MLS® #DCDC425270
Price$4,950,000
Bathrooms0.00
Square Footage11,500
Acres0.06
Year Built1900
TypeMulti-Family
Sub-TypeOther
StyleContemporary, Victorian
StatusActive

Community Information

Address1123 11th St Nw
SubdivisionMT VERNON SQUARE
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20001

Interior

HeatingForced Air, Heat Pump(s)
CoolingCentral A/C
Has BasementYes
# of Stories6

Basement

Full, Fully Finished, Improved, Outside Entrance

Exterior

ExteriorBrick and Siding
Exterior FeaturesPatio, Roof Deck
RoofRubber, Cool/White

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Date ListedMay 3rd, 2019
Days on Market138
ZoningD-1-R

Listing Details

OfficeWashingtopia Real Estate, LLC.

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.

Listing information last updated on September 17th, 2019 at 8:30am CDT.

Have a Question?

Contact Us

Follow Us