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4121 Minnesota Avenue NE Washington, DC $ 530,000
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4121 Minnesota Avenue NE
$ 530,000
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4121 Minnesota Avenue NE

Washington, DC, 20019
$ 530,000
Baths0.0 Sq 2,480

Monthly Estimate*

$ 3,702

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Studio

Commercial Property for sale in Washington, DC

for $530,000. This 2,480 square foot building was built in 1983 on a lot size of 0.06.

Exciting Opportunity: Prime Tenant-Occupied Property! Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you. Generating a gross income of $21,000, the current rent is just the beginning. With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials. Don't miss out on this golden opportunity to own a prime piece of real estate. Act now before it's gone! Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.

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Commercial Active

Price

$ 530,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,446

Style

Medical,Professional

Lot Size

0.06

Year Built

1983

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2140752
Features
Interior
Heating Fuel None
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD Immediate Negotiable
Zoning MU-3A
Construction Materials Brick
Year Built 1983
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Medical Professional Other
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Turn right onto Nannie Helen Burroughs Ave NE then turn right at the 1st cross street onto Minnesota Ave NE turn left onto Grant St NE Destination will be on the right .
City WASHINGTON
Buyer Agent Compensation 1
Total Units 1
Lot Size Square Feet 2480.00
Waterfront Y/N N
Street Name MINNESOTA
Tax Annual Amount 5446.0
Price Per Sq Ft Total 279.54
Vacation Rental Y/N N
Days on Market 15
Standard Status Active
Year Built Source Assessor
Legal Subdivision Deanwood
Tax Lot 42
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Parking Lot Driveway
Water View Y/N N
Building Area Total 1896.00
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Unknown
Land Assessed Value 98130.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4121
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* Excluded Features
List By
Re/Max Allegiance

Broker

sebrinadem@gmail.com

Email

Affordability Calculator

$4,156
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,702
Monthly Property Taxes
$454
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2024$530,000 Listed Price

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4121 Minnesota Avenue NE, Washington, DC, 20019 is a Commercial Property for sale at $530,000 with 2,480 sqft and a lot size of 0.06. 4121 Minnesota Avenue NE is a studio with 0.0 baths and was built in 1983. The property's zip code is 20019 which is in Washington, DC

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