1216 RAUM ST NE Washington, DC 20002
UPDATED:
11/07/2024 03:00 PM
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,260 sqft
Price per Sqft $102
MLS Listing ID DCDC2150192
Style Other
Abv Grd Liv Area 8,260
Originating Board BRIGHT
Year Built 1936
Annual Tax Amount $1,130
Tax Year 2004
Lot Size 3,485 Sqft
Acres 0.08
Property Description
This 3,900 SF structure is ready for conversion into a pre-permitted, modern 4-level, 4-unit apartment complex totaling 8,340 SF. The proposed layout includes:
Two lower units: 2120 SF each, with 4 bedrooms and 3.5 bathrooms.
Top-floor units: 2120 SF each, featuring 4 bedrooms and 3 bathrooms.
With construction costs anticipated to exceed $800K, the project offers a projected stabilization CAP rate of approximately 6.5%.
Location
State DC
County Washington
Zoning R4
Rooms
Basement Connecting Stairway, Other
Interior
Hot Water Other
Heating Other
Cooling Other
Fireplace N
Heat Source Other
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type Other
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4052//0849
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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