4935 Nannie Helen Burroughs Ave Washington, DC 20019
- Commercial real estate
- 4,290 SF
Current Use by Public Records
- Commercial real estate
Property Details for 4935 Nannie Helen Burroughs Ave
- Year built
- 1947
- Property size
- 4,290 SF
- Property type
- Commercial real estate
- APN
- 5180-0000-0807
Description
This 4-unit apartment building presents a unique investment opportunity within a Chapter 11 bankruptcy sale. Located at 4935 Nannie Helen Burroughs Ave NE, Washington, DC 20019, this property boasts 4,290 square feet on a 3,153 square foot lot (APN: 5180-0000-0807). Built in 1947, the building is classified as Class C and is zoned MU-4. The property benefits from recent renovations, minimizing potential capital expenditures for the buyer. Situated in Washington, DC's rapidly evolving East of the River submarket, this asset is ideally positioned to benefit from significant nearby developments, including the St. Elizabeths East Campus and Skyland Town Center, representing over $1 billion in ongoing development. These projects will enhance the area's infrastructure and amenities, driving future growth and value appreciation. This sale is exempt from the Tenant Opportunity to Purchase Act (TOPA) due to its bankruptcy status. The property offers an ideal unit mix for the submarket, presenting a strong potential for rental income and return on investment. This is a chance to acquire a well-located, renovated multifamily asset in a high-growth area of Washington, DC, under favorable conditions.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- District of Columbia
- Longitude
- -76.9303404
- Latitude
- 38.8980963