1612 19th St Nw, Washington, DC 20009

Property Description

1612 19th Street NW is a 100% vacant, TOPA-free, multi-family asset in Washington, DC. Located in DC’s blue-chip Dupont Circle neighborhood, the property is steps from the Circle, the heart of one of the most well-established commercial areas in all of the District of Columbia. 1612 19th Street NW offers a unique opportunity to acquire a vacant turnkey asset with thoughtfully designed and fully furnished units ready to be rented with strong cash flow immediately upon lease-up. The Property's units feature in-unit washers and dryers, dishwashers, ceiling fans, temperature control displays, spacious bedrooms, and high ceilings of up to eleven feet. The lower-level unit has a private entrance and rear patio access, with great natural light and eight and a half foot ceiling height. The property includes two off-street parking spaces. Significant capital expenditures have been completed to the Property in recent years including: • New Electric HVACs Installed for Each Unit - 2022 • Roof Replaced with Firestone 180 Granulated Bitumen - 2015 • Solar Panels Installed on Roof - 2017 • Video Door Bell/Entry System - Installed in 2021 • Recently Renovated Bathrooms for Units #3 & #4 - 2018 • Renovated Bathroom for Unit #2 - 2015 • Replaced Plumbing and Waste Lines Down to the Ground Floor During Bathroom Renovations - 2015 & 2018 • New Windows - 2016