Active

3601 14th St NW

Washington DC, 20010

$3,250,000


$327.85 per sqft

Active

9,913 sqft

Commercial

Built in 2022

3601 14th Street NW, a premier 9,913-square-foot, commercially zoned building in the vibrant Columbia Heights neighborhood of Washington, DC.

This newly constructed, luxury ten-unit apartment building was completed in 2022 and boasts upscale condo-level finishes in a highly sought-after submarket. Zoned MU-4, the four-story property features ten thoughtfully designed two-bedroom, two-bath units equipped with hardwood floors, granite countertops, in-unit washer and dryer, custom kitchen cabinetry, and high-end appliances. Each unit benefits from central air conditioning and energy-efficient Pella windows, while the building's green roof enhances
sustainability and longevity.

Fully leased, the property offers nine units rented to Voucher tenants and one market-rate tenant, presenting an exceptional opportunity for investors to acquire a stabilized asset with robust cash flow, no immediate capital improvement needs, and promising long-term rental growth potential.

3601 14th Street NW is strategically positioned in the heart of Columbia Heights' entertainment and restaurant district, just five blocks from the Columbia Heights and Georgia Avenue/Petworth Metro stations. The property is conveniently situated within two miles of Washington, DC's central business district and four miles from downtown Silver Spring, MD, offering excellent connectivity to key economic hubs.

Columbia Heights is one of Washington, DC's most dynamic and affluent neighborhoods, characterized by a highly educated population (66% hold a bachelor's degree or higher) and an average household income of $146,000. This thriving submarket features big-box retailers, diverse retail stores, vibrant arts venues, and an array of new residential developments.

The property also benefits from its location on a "Great Streets" corridor, a program designed to stimulate local economic growth, attract new businesses, and create employment opportunities. 3601 14th Street NW represents a rare chance to invest in a luxury, income-producing asset in one of Washington DC's most desirable and growing neighborhoods.

DCDC2184206

MLS ID

February 6, 2025

Listed

February 12, 2025

Updated

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.05 Acres

Other Property Details

Taxes

$22,203


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking Total

3


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/10/2025

Price change

$3,250,000

-10%

Listed by Marcus & Millichap Real Estate
Listing Contact: 2025363742 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/12/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/12/2025 at 2:57 PM UTC

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