Foreclosure - 20 Unit Apartment Building Washington, DC

Property Location MAP

1721 T St SE
Washington, DC 20020

Property #: KEY5186

Preview Times


Thu. 6/4 @ 12:00PM ET

Contact Agent

Jeff Stein
Tranzon Key

703-539-8111 Or 888-621-2110 jstein@tranzon.com

Suzy Murphy

703-539-8111 smurphy@tranzon.com
Investor Opportunity! 3 Story, brick, 20 unit apartment building in South East DC. Building consists of (14) one bedroom/one bath and (6) two bedroom/one bath units. The (7) known to be vacant units are ready to rent with fresh paint and carpet. Apartments are individually metered for electricity. Laundry and utility rooms on the first level. Building has a welcoming entrance, one boiler for heat and 4 hot water heaters. Mainly street parking, 4 spaces available in the back accessed via an alley. TOPA doesn’t apply to this foreclosure sale. Rent roll and financials are available with a signed confidentiality and non-reliance agreement.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.
KEY5186-87

Directions:

From I-295 take exit 5C to Martin Luther King Jr Ave SE1A, turn left onto Marion Barry Ave SE, turn right onto T St SE, property will be on the right.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Key

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: None
  • Closing: 30-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: A deposit in the amount of $100,000 shall be paid by cash, certified check, or cashier’s check by the successful bidder to the Subject Trustee at the time and place of sale. The Purchaser shall be required to increase the amount of their deposit to ten percent of their successful bid amount within three business days of the date of the sale. See Foreclosure Notice.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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