Foreclosure - Dupont Cir Multi-Family Renovation Opportunity Washington, DC

Property Location MAP

1322-1326 18th Street NW
Washington, DC 20036

Property #: KEY5135

Preview Times


TBD

Contact Agent

Jeff Stein
Tranzon Key

703-539-8111 Or 888-621-2110 jstein@tranzon.com
Welcome to 1322-1326 18th Street NW, a unique opportunity to acquire a vacant three-story structure in the heart of the historic Dupont Circle neighborhood in Washington DC. Originally built in 1870 and previously operating as a school, this property presents a prime location for a gut renovation and expansion into a multifamily residential building. With plans in place for 56 units and a total gross building area of 24,754 SF, this property offers endless potential for a savvy investor looking to make their mark in the DC real estate market.
 
Parcel ID#'s: 0137 0033, 0137 0061, 0137 0824
2024 Tax Assessment: $15,075,000
2024 Annual Taxes: $284,918
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Directions:

From the White House, head northwest on Pennsylvania Ave NW, turn left onto 17th St NW, then turn right onto P St NW to reach the property.

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 Listings may be withdrawn or modified without notice at anytime.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: See Notice of Substitute Trustees’ Sale
  • Deposit Amount: See Notice of Substitute Trustees’ Sale
  • Buyer Agent Compensation: 1% 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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