Price Reduction
Address
2501 Burns Street SE Washington, DC
Price
$ 6,700,000
Property Attributes
  • MLS#DCDC2006142
  • TypeMulti-Family
  • CountyWASHINGTON
  • CityWashington
  • NeighborhoodFairlawn
  • Zip20020
  • StyleContemporary
  • Year Built2021
  • Taxes$ 1
  • Price$ 6,700,000
  • Bedrooms40
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
TTR Sotheby's International Realty
Data Source:
Bright MLS - 382 - MD
Property Description

DC Rent control EXEMPT, 7.5% cap rate in the most dynamic zone of DC. Take advantage of the rising rental prices at a steep discount directly from the builder. Two buildings can be purchased together or separately. Located at the Gateway connecting Anacostia and Capitol Hill by the quiet waters of the Anacostia River, the Boaz Flats offer a quiet place for families and individuals to replenish their soul, recharge their spirit, and nourish physical beings as they continue to fight the good fight in the District of Columbia. A large townhomes style development with 16 separately deeded condominiums that can be used as rental apartments. Eight x 2 BD / 2 BA units – Ground levels Eight x 3 BD / 2 BA units – 2nd and 3rd levels Ground level units have backyards. Upper units have roof deck spaces. Located in a DC Opportunity Zone.

Price History
7/24/2021 Listed $7,100,000
11/8/2021 6% - $6,700,000

General Features

Acceptable Financing Negotiable
Accessibility None
Appliances Built-In Microwave, Built-In Range, Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
Architectural Style Contemporary
Construction Materials Combination, Composition, Frame, Mixed
Cool Fuel Electric
Cooling Central A/C
County WASHINGTON
Days on Market 129
Garage Y/N No
Heating Heat Pump(s)
Historic Y/N No
Lot Size Square Feet 12972.00
New Construction No
Numberofunitsvacant 16
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Pool Y/N No Pool
Possession Immediate, Negotiable, Settlement
Price Per Sq Ft 350.42
Property SubType Other
Property Type Multi-Family
PropertyCondition Excellent
School District 121140357950
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Subdivision Name FAIRLAWN
Tax Annual Amount 1.0
Tax Year 2021
Total Rooms 40
Total Units 4
Two Bedroom 8
Vacation Rental Y/N No
Water Access Y/N No
Zoning RF-1

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Multi-tank, 60+ Gallon Tank
Living Area 19120
Three Bedroom Units Count 8

Exterior Features

Lot Size Acres 0.30
Lot Size Source Estimated
Navigable Water Y/N No
Soil Types Unknown
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 20020

Price
AVG $2.21M
$6.7M
Visits
AVG 127
449
Year Built
AVG 1963
2021
Walkscore
AVG 74
75
Data Provided by Walkscore ® not using MLS data

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