1072 THOMAS JEFFERSON STREET NW WASHINGTON DC 20007
$ 5,600,000
  11   |    10 Full  3 Half   |    7325 Sq Feet

Listing ID

#DCDC2186938

Property Type

Twin/Semi-Detached

Property Style

Federal

County

WASHINGTON-DC

Neighborhood

GEORGETOWN

Year Built

1812

Description
The property underwent a meticulous redevelopment in 2014 seamlessly blending old and new. The historic 1812 structure was transformed into two upscale apartments and a new 4-story rear addition created six contemporary units. The two structures share a unique central courtyard in the heart of Georgetown and total more than 7,300 square feet of finished space across the eight rental units. With its prime Georgetown location just steps from the C&O Canal, the Washington Harbor waterfront, M Street’s trendy retail corridor, and both Georgetown and George Washington universities this property offers secure and projectable cash flow with enduring tenant demand. Opportunities to secure a multifamily asset of this scale in Georgetown are exceedingly rare. This landmark property brings a combination of proven rental history, high-end design, historic designation and central location making it a strategic long-term revenue generating investment offering reliable yields.
Location
Financial Information
List Price:  $ 5600000
Taxes:  $ 15411
Property Features
Basement:  Fully Finished, Improved
Construction Materials:  Brick, Wood Siding
Cooling:  Central A/C
Elementary School:  HYDE-ADDISON
Foundation Details:  Other
Heating:  Forced Air
High School:  MACARTHUR
Middle Or Junior School:  HARDY
Other Structures:  Above Grade, Below Grade
Pets Allowed:  No Pet Restrictions
Utilities:  Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source:  Public
Listed By:     Engel & Volkers Washington, DC