For Sale
$7,100,000

3709 New Hampshire AveWashington, DC 20010

Class A, 17 Units, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A mixed-use property, built in 2022, offers 17 spacious three-bedroom, two-bathroom apartment units, ranging from 945 to 1,095 square feet, and a 3,400 square foot ground-floor retail space. The 22,920 square foot building sits on a 4,674 square foot lot zoned NC-8 and boasts high-end finishes including wood grain flooring, in-unit washer/dryer, recessed lighting, gloss cabinets, Silestone countertops, and polished chrome fixtures. Residents enjoy a rooftop lounge and other communal spaces. Located at 3709 New Hampshire Ave NW, Washington, DC 20010, this property benefits from its prime location in the Petworth neighborhood, directly across from the Georgia Ave-Petworth Metro Station. The building is currently vacant, presenting an opportunity to lease units at market rates, maximizing income potential. The asking price is $7,100,000, with a price per square foot of $309.77. This turnkey asset offers significant potential for long-term growth and profitability due to its location, high-end features, and lack of rent control. The property's Walk Score is 96, Transit Score is 70, and Bike Score is 90, reflecting its convenient and accessible location. This is a rare opportunity to acquire a non-rent controlled, Class A property in a thriving urban area.

Highlights

  • Non-rent controlled, turnkey, newly constructed Class A building.
  • High-end finishes and features throughout.
  • Excellent unit mix.
  • Transit-oriented location, steps from the metro.
  • Ground floor retail space available.
  • Abundant nearby restaurants and retail.

Property Details for 3709 New Hampshire Ave

Property type
Retail properties, Mixed-use properties
Square Feet
22,920 SF
Class
A
Year Built
2022
Buildings
1
Units
17

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.9367393
Longitude
-77.0237132
3709 New Hampshire Ave, Washington, District of Columbia

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3709 New Hampshire Ave
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