1900 Biltmore Street Northwest

Washington, DC 20009

$7,400,000
Price
Beds
7,525 Sq. Ft.
$983 / Sq. Ft.
7,525
Sq. Ft.
$983
per Sq. Ft.

Description

This rare investor opportunity includes a master lease already in place with a national corporate housing firm currently generating $37,000 a month ($444,000 annually) with an escalator to $40,000 a month by year five. Nestled in the prestigious Kalorama neighborhood, 1900 Biltmore Street NW is the ultimate investment opportunity. With 11 brand new contemporary units distinguished by thoughtfully executed floorplans, a remarkable roof deck, sweeping city views, and two car garage parking, this is...

Property Details for 1900 Biltmore Street Northwest

Ownership
Fee Simple
Style
Contemporary
Structure Type
Other
County Name
WASHINGTON DC

Location

Listing Agents

  1. Jennifer Smira

    Listing Agent

    Compass

    jsmira@compass.com

    P: 202.340.7675

  2. Marc Ross

    Alternative Listing Agent

    Compass

    marc@compass.com

    P: 202.487.0000

Building Information for 1900 Biltmore Street Northwest

Stories-Residences4Year Built2018Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$31,858 per month

30 year fixed, 3.51% Interest

Principal and Interest

$26,617

Property Taxes

$5,242

HOA Dues

$0

Property Information for 1900 Biltmore Street Northwest

Rental Info
    Rental Info
  • Existing Lease Type: Escalate Clause, Yearly, Long Term, Gross
  • Rent Control: No
Interior / Building / Parking / Property Information
    Interior Details
  • Above Grade Fin SQFT: 7525
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 7525
    Interior Features
  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace: No
  • Flooring Type: Wood, Hardwood
  • Central Air: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Heating Type: Forced Air
  • Interior Features: Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Table Space, Kitchen - Island, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Wall and Ceiling Types: High
    Parking Information
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage: Yes
  • Garage Features: Garage Door Opener, Underground
  • Parking Features: Assigned, Parking Space Conveys
  • Type Of Parking: Off Street, Attached Garage
    Pool / Spa Information
  • Pool: No Pool
  • Spa: No
    Location Information
  • In City Limits: Yes
  • Directions: GPS
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
    Building Information
  • Accessibility Features: None
  • Building Units Total: 4
  • Construction Completed: Yes
  • Construction Materials: Brick
  • New Construction: Yes
  • Exterior Features: BBQ Grill
  • Other Structures: Above Grade
  • Outdoor Living Structures: Deck(s), Roof
    Association Information
  • HOA: No
    Unit Information
  • One Bedroom Units Count: 1
  • Single Room Units Count: 2
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 8
  • Units Leased Count: 11
  • Vacancy Allowance Rate: .00%
    Income / Expense Information
  • Annual Rental Income: $444,000
    Property Information
  • Property Type: Multi-Family
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 0
  • Lot Size Acres: .00
  • Navigable Water: No
  • Property Condition: Renov/Remod, Shows Well, Turn Key
  • Security Features: Main Entrance Lock, Security System, Security Gate
  • Soil Types: Urban Land Not Rated
  • Zoning: RA-2
  • Age: 2018.0
    Utilities Information
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Sewer Septic: Public Sewer
  • Water Source: Public
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $62,900
  • Tax Annual Amount: $62,900
  • Tax Year: 2020
  • Tax ID Number: NO TAX RECORD
  • Tax Assessed Value: $7,400,000
    Sale Information
  • Possession: Negotiable
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 1900 Biltmore Street Northwest

DateEvent & SourcePriceAppreciation
Mar 11, 2020

Active Under Contract

BRIGHT #DCDC458298

Mar 11, 2020

Active Under Contract

BRIGHT #DCDC458322

Mar 11, 2020

Listed (Active)

BRIGHT #DCDC458298

$7,400,000
DateEvent & SourcePrice
03/11/2020

Active Under Contract

BRIGHT #DCDC458298

03/11/2020

Active Under Contract

BRIGHT #DCDC458322

03/11/2020

Listed (Active)

BRIGHT #DCDC458298

$7,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1900 Biltmore Street Northwest

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Aidan Montessori SchoolPrivatePK-60.6 mi
NR
St. Augustine SchoolPrivatePK-80.6 mi
NR
Oyster-Adams Bilingual SchoolPublicPK-80.7 mi
9
Sacred Heart SchoolPrivatePK-80.8 mi
NR

Aidan Montessori School

PK-6, 0.6 mi, Private

NR

St. Augustine School

PK-8, 0.6 mi, Private

NR

Oyster-Adams Bilingual School

PK-8, 0.7 mi, Public

9

Sacred Heart School

PK-8, 0.8 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Property Details for 1900 Biltmore Street Northwest

StatusActive Under Contract
MLS #DCDC458298
Year Built2018
DOM22
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.00 AC / 0 SF
Taxes$62,900 / year
Condo/Co-op Fees-
HOA Fees-
CountyDistrict of Columbia

Listing Agent

Contact Agent(s)

Kalorama
An exclusive enclave high above the city.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
© 2020 Metropolitan Regional Information Systems. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/11/2020 11:54 PM