3709 New Hampshire NW Ave Washington, DC 20010-3552

Property Details for 3709 New Hampshire NW Ave

Year built

2021

Construction

BRICK

Property size

22,920 SF

Zone code

NC-8

Property type

High-rise multifamily apartments

APN

3030 7000

APU

30307000

Description

This exceptional Class A mixed-use property, built in 2022, offers 17 spacious three-bedroom, two-bathroom apartment units, ranging from 945 to 1,095 square feet, and a 3,400 square foot ground-floor retail space. The 22,920 square foot building sits on a 4,674 square foot lot zoned NC-8 and boasts high-end finishes including wood grain flooring, in-unit washer/dryer, recessed lighting, gloss cabinets, Silestone countertops, and polished chrome fixtures. Residents enjoy a rooftop lounge and other communal spaces. Located at 3709 New Hampshire Ave NW, Washington, DC 20010, this property benefits from its prime location in the Petworth neighborhood, directly across from the Georgia Ave-Petworth Metro Station. The building is currently vacant, presenting an opportunity to lease units at market rates, maximizing income potential. The asking price is $7,100,000, with a price per square foot of $309.77. This turnkey asset offers significant potential for long-term growth and profitability due to its location, high-end features, and lack of rent control. The property's Walk Score is 96, Transit Score is 70, and Bike Score is 90, reflecting its convenient and accessible location. This is a rare opportunity to acquire a non-rent controlled, Class A property in a thriving urban area.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Longitude

-77.0237

Latitude

38.9367

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments