$2,550,000

Estimated payment $16,634/month

Total Views 10,317
-- Bed
-- Bath
4,500 Sq Ft
$567 Price per Sq Ft

Highlights

  • Federal Architecture
  • Wood Flooring
  • Patio
  • Marie Reed Elementary School Rated A-
  • Walk-In Closet
  • 1-minute walk to S Street Dog Park

About This Home

The Dawson presents a unique opportunity for complete ownership of an historic 7-UNIT condominium building in the heart of Dupont Circle. While the Dawson has been under single ownership for the past two owners, it has offered reliable, consistent investment returns in part because tenants love the beautiful, the light filled units with within a historic building located on one of Dupont's most idyllic tree-lined blocks. The current owner has made thoughtful improvements during their ownership and benefited from very high occupancy rates, relatively low and maintenance expenses. The Dawson consists of 4,500 gross square feet within a four-story interior brick building with seven light filled units rented at below market rates. The Property is zoned R-5-B and because of the condominium regime offers a future buyer remarkable flexibility for repositioning the asset.

Listing Agent

Tim Barley

Barley & Barley Real Estate License #BR98379209 Listed on: 10/31/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • Walk-In Closet
  • 4,500 Sq Ft Home
  • Wood Flooring

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Rear Basement Entry

Utilities

  • Radiator
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Patio
  • 1,755 Sq Ft Lot

Community Details

Overview

  • 4 Units
  • Dupont Circle Subdivision

Building Details

  • Gross Income $182,100
  • Net Operating Income $130,603

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Remarks Public: The Dawson presents a unique opportunity for complete ownership of an historic 7-UNIT condominium building in the heart of Dupont Circle. While the Dawson has been under single ownership for the past two owners, it has offered reliable, consistent investment returns in part because tenants love the beautiful, the light filled units with within a historic building located on one of Dupont's most idyllic tree-lined blocks. The current owner has made thoughtful improvements during their ownership and benefited from very high occupancy rates, relatively low and maintenance expenses. The Dawson consists of 4,500 gross square feet within a four-story interior brick building with seven light filled units rented at below market rates. The Property is zoned R-5-B and because of the condominium regime offers a future buyer remarkable flexibility for repositioning the asset.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Walk-In Closet(s), Wood Floors
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Stairs, Connecting Stairway, Full, Outside Entrance, Rear Entrance
  • Total Sq Ft: 4500
  • Living Area Sq Ft: 4500
  • Price Per Sq Ft: 566.67
  • Above Grade Finished Sq Ft: 4500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1741

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Radiator, Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1755.00
  • Outdoor Living Structures: Patio(s)
  • Soil Types: Unknown
  • Zoning: R-5-B
  • In City Limits: Yes

Rental Info

  • Total Actual Rent: 182100.00
  • Units Leased Count: 4
  • Vacation Rental: No

Multi Family

  • Gross Scheduled Income: 182100.00

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $2,550,000 -1.9% $567 / Sq Ft
05/01/2025 05/01/25 Price Changed $2,600,000 -3.0% $578 / Sq Ft
04/22/2025 04/22/25 Price Changed $2,680,000 -3.1% $596 / Sq Ft
03/27/2025 03/27/25 Price Changed $2,765,000 -3.0% $614 / Sq Ft
01/09/2025 01/09/25 For Sale $2,850,000 0.0% $633 / Sq Ft
12/17/2024 12/17/24 Off Market $2,850,000 -- --
10/31/2024 10/31/24 For Sale $2,850,000 -- $633 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2163770

Bright MLS