Seller's Agent in 2021
Mark Meyerdirk
Urban Brokers, LLC
(202) 489-6150
3 in this area
134 Total Sales
Estimated Value: $1,870,877 - $2,102,000
See 3D Matterport Tour Link on Summary Document. Located in Dupont Circle, this wonderful income-producing, 3-unit row house is located on Willard Street, a one-way, quiet block tucked away between 17th and 18th Streets NW, just south of U Street. The three-story plus basement rowhouse features three units: Unit 1 is a 2 bedroom, 1 bath English basement apartment boasting its own entrance and private patio that runs alongside the living room. Unit 2 is located on the first floor of the building and features 2 bedrooms, and 1.5 baths. Unit 3 (ideal owner's suite) spans across the second and third floor and boasts 3 bedrooms, 2 bathrooms, and an open-concept living area w/ vaulted ceilings that connects to an amazing roof terrace. The home's current rent roll features a 5.7% cap rate at the property's current list price. The phenomenal location in Dupont Circle embodies DC living at its best. It's no surprise this home's location is labeled a "Walker's and Biker's Paradise" with a 97 WalkScore and 93 BikeScore. You'll find everything you'll need within blocks including grocery stores, countless restaurants, shops, entertainment, public transit, and recreation (including tennis courts, and indoor swimming pool at Marie Reed and the YMCA). Whether you choose to call 1724 Willard Street your full-time residence, a pied-a-terre while visiting/working in DC, or simply as a fully-leased income property, you're bound to fall in love with the home and its sought-after location. The property was fully gutted and rebuilt in 1989. Each of the apartments feature their own HVAC systems, hot water heaters, and in-unit washer/dryers. The property is a registered 3-unit apartment building with the District of Columbia and has an active Certificate of Occupancy and Business/Rental License. The current owner has enjoyed decades of consistent income from this reliable and quality investment however now it's time for her to relocate to Florida and for a new owner to take the reins. Don't let this amazing opportunity pass you by.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kilical Living Trust | -- | None Listed On Document | |
| Kilical Adil A | $1,850,000 | Olympia Title Llc | |
| Haber Maria L | -- | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kilical Adil A | $847,000 | |
| Previous Owner | Haber Maria L | $425,000 | |
| Previous Owner | Haber Maria L | $417,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/06/2021 04/06/21 | Sold | $1,850,000 | +8.8% | $463 / Sq Ft |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $1,699,950 | -- | $425 / Sq Ft |
Seller's Agent in 2021
Mark Meyerdirk
Urban Brokers, LLC
(202) 489-6150
3 in this area
134 Total Sales
Buyer's Agent in 2021
Ehad Hancioglu
TTR Sotheby's International Realty
(202) 725-0535
1 in this area
49 Total Sales
Source: Bright MLS
MLS Number: DCDC2000338
APN: 0151 0813