Sold

1006 Webster St NW

Washington DC, 20011

$3,780,000


$294.53 per sqft

Sold

12,834 sqft

Commercial

Built in 1918

Bankruptcy Auction - Opportunity knocks! 1006 Webster Street is a vacant 10 unit apartment building located in the 16th Street Heights neighborhood. The building is approximately 12,834 square feet on 3 levels and sits on a 6,127 square foot lot. The current plan was to renovate the building into 10 large apartments with a mix of predominately 5 and 6 bedroom units and place the units in the Housing Choice Voucher Program. The projected rents are approximately $697,000 annually. The property is zoned RF- 1 and the current owner has had concept plans drawn to add a floor and convert the building to a 20 unit condominium project. Auction to be held on Wednesday April 28th at 12 noon at the property. Don't miss it! Note: list price is for MLS purposes only. Actual price to be determined at auction. Bidding to start at 50% of MLS list price.

DCDC513902

MLS ID

March 15, 2024

Updated

Map

1006 Webster St NW
Washington DC, 20011

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric, Natural Gas

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$51,511


Tax Frequency

Annually


Days on Market

39


Garage

No


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listed by Tranzon Fox
Listing Contact: 8886212110 

The IDX display contains information sourced from the Bright MLS, Inc. as of 3/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 3/15/2024 at 7:32 PM UTC

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