2501 BURNS STREET SE

WASHINGTON, DC, 20020

$6,700,000

$350 per ft²
$6,700,000
$350 per ft²
Active
Active
 - For Sale
carpenters-square
19,120 ft²
property_type
Commercial
calendar
Built 2021
7.5% Cap Rate in the most dynamic zone of DC with a dozen other developments scheduled in the area. One building delivered. Second building completing in 2 weeks as of end of MAY, 2022. 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 / 3 BA units – 2nd and 3rd levels Ground level units have backyards. Upper units have roof deck spaces.
MLS® ID:
DCDC2003942
Updated:
9/25/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Heat Pump(s)

Exterior/Building Features

Lot Size
0.3 acres lot
Sewer
Public Sewer

School Information

School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes
$1.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
WASHINGTON
Water Source
Public
Pool
No
Zoning
RF-1

Property History

Date
Event
Price
Value
7/17/22
Active
-
-
7/4/22
Active Under Contract
-
-
11/8/21
Price Change
$6,700,000
-5%
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