700 Quincy Street NE Washington, DC 20017

Multi-Family Residence

Beds

Baths

12,500 Sq. Ft.

0.17 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/15/2024 4:58 AM

Listing Details

* 100% Leased * New constructionâcompleted in 2021 * HCVP tenantsâguaranteed rent * Short walk to Brookland-CUA Metro Quincy St. Apartments is a new construction (2021), Class-A style 7-unit multifamily building, with washer/dryer in each unit. All tenants participate in the Housing Choice ...Voucher Program, offering mutual benefits: Tenants can rent in private market, and landlords get guaranteed rent. The new construction means minimal to no deferred maintenance, providing a benefit to investors from a property in excellent condition, increasing its appeal and potential for long-term returns. In addition, the proximity to Catholic University of America campus means a steady supply of students seeking access to walkable housing. The large bedroom count in some of the units would be perfect for a shared-living concept. Before selling, the Landlord must provide the Tenants with an Offer of Sale, regardless of whether a Third Party contract is already in place. Only an incorporated Tenant Organization may exercise the right to purchase a property with 5 or more units. A statement of interest has to be made within 45 days of receipt of the Offer of Sale. Confidential P&L and rent roll available to qualified investors upon signing of confidentiality agreement. See link on page 4 of offering memorandum in documents section. Continue reading

MLS#

DCDC2162536

Property Type

Multi-Family

Year Built

2021

Square Feet

12,500 sq. ft

Price per Sq. Ft.

$279.35

Lot Size

0.17