1833 Swann Street NW
Washington, DC 20009
- – beds
- – baths
- 5,671 sqft
- 3,420 sqft lot
- $634 per sqft
- 1941 build
1833 Swann Street NW is a recently gut-renovated 100% vacant 9-unit multifamily building located in the heart of Dupont Circle. The 5,671-square-foot turnkey building is comprised of a unit mix of one (1) one-bedroom unit and eight (8) two-bedroom units. Turnkey Asset: Each of the building’s nine units are all-electric and feature central A/C, stainless steel appliances, quartz countertops in the kitchens, LED lighting, LVT flooring, in-unit washer and dryers, and individual water heaters. The building itself features a new Yale Wireless Entry System, a Wi-Fi connected security system, a new TPO roof, refurbished windows, and new carpeting in the common areas. The turnkey nature of the asset will limit any upfront costs that a buyer will have to occur allowing them to spend their time focusing on curating a lease-up process to their liking. Coveted Blue Chip Location: 1833 Swann is located in Dupont Circle, an amenity-rich neighborhood with public transportation (Dupont Circle Metro Station), retail, restaurants, cafes, parks, gyms, and grocery stores all within walking distance. Strong Rental Submarket & Flexibility in Investment Strategy: Renovated one-bedroom and two-bedroom units in the Dupont Circle neighborhood of Northwest DC can achieve well into the $5’s per square foot in rent. On a rent figure basis, one-bedrooms that range in size from 450-550 square feet have been proven to be able to achieve $2,500+ per month and two-bedrooms that range in size from 600-700 square feet have been proven to be able to achieve $3,100+ per month. The fact that the building is vacant and renovated also presents flexibility for multiple rental models such as furnished rentals, student housing, subsidized housing (HCVP), market-rate, or even housing dedicated towards satisfying an organization’s needs to host specific clientele. 100% Vacant - Not Subject to TOPA: The building’s nine units are unoccupied, which means the sale will not be subject to the Tenant Opportunity to Purchase Act (TOPA). This makes transaction timelines more predictable, and a buyer can have the confidence in the opportunity to close on the property without uncertain timelines or impediments.
Listing courtesy of BRIGHT / Horvath & Tremblay MD, LLC
Last checked:
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Last updated Nov 9, 2024
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MLS# DCDC2167614 —
The Building
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Year Built:1941
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Year Built Source:Estimated
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Year Major Reno/Remodel:2023
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New Construction:No
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Construction Materials:Brick
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Building Units Total:4
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Accessibility Features:None
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Foundation Details:Other
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Total SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:5671
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Living Area SqFt:5,671 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:When heading north on 18th Street NW, make a left to turn onto Swann Street, which is a one-way street.
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Latitude:38.91502000
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Longitude:-77.04279000
The Property
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Property Subtype:Other
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Property Type:Multi-Family
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.08
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Lot Size Source:Estimated
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Lot SqFt:3,420 Sqft
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Zoning:RA-2/DC
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In City Limits:Yes
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Other Structures:Above Grade
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Water View:No
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Soil Types:Urban Land-Sassafras-Chillum
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 534-3003
- Office phone:
- (781) 776-4000
Taxes
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Tax ID Number:0132//0828
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Tax Year:2025
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Tax Lot:828
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Tax Annual Amount:$17,254.41
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Tax Assessed Value:$2,029,930
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City/Town Tax:17254.41
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/7/24
Nov 7, 2024
|
Listed / Active | BRIGHT | $3,600,000 |