101 41st NE St Washington, DC 20019-3369

Property Details for 101 41st NE St

Year built

1963

Construction

BRICK

Lot size

0.40 lot acres

Property size

13,468 SF

Zone code

RA-1

Property type

Apartment buildings

APN

5084 0820

APU

50840820

Description

This 14-unit apartment building, located at 101 41st St NE, Washington, DC 20019, presents a compelling value-add investment opportunity. The property, built in 1963 and extensively renovated in 2021, boasts 13,468 square feet of net rentable space across four stories. Situated on a 17,500 square foot lot, it includes 16 parking spaces, a significant amenity in this area. The building is zoned RA-1 and is currently operating as a multifamily property. This is a bankruptcy sale, offering a unique opportunity to acquire a well-maintained asset in a historically rich and revitalizing neighborhood. The Deanwood neighborhood offers convenient access to public transportation, including the Deanwood Metro Station on the Orange Line, and nearby amenities such as Kenilworth Park & Aquatic Gardens and the Deanwood Recreation Center and Library. The property is not subject to the Tenant Opportunity to Purchase Act (TOPA). While complete financial documentation is currently being compiled, the property is professionally managed. A due diligence period is allowed, but all contingencies must be removed before the court hearing. The sale is "as-is, where-is." This is a single-building purchase opportunity within a larger portfolio sale. Prospective buyers are encouraged to verify all information independently.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Longitude

-76.9443

Latitude

38.8915

CBSA code

47900

CBSA name

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

Property Tax & Assessments