1905 19TH STREET NW , WASHINGTON, District of Columbia - RE/MAX Pros

Listing Presented by Kenyon (Ken) Miller with RE/MAX Pros (301) 916-1400

Contact:Kenyon (Ken) Miller
RE/MAX Pros
Fax:(703) 442-6631

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MLS#: DC7752598 $2,100,000 1905 19TH STREET NW WASHINGTON DC 20009

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Description: Profitable Hotel/Inn with 8% CAP Rate, Charming all brick hotel at the busy corner of 19th and Florida in Adams Morgan, just a few short blocks from Dupont Circle and metro. 8 Units, upper floor units feature lofts, Owner/Operator or Investor, Existing SBA financing is assumable. Construction possible on 4 parking spaces. Possible conversion of main level to coffee shop with outdoor seating.

Property Type:

COMMERCIAL

Area:

WASHINGTON

Square Feet:

3200

Year Built:

1984

Age:

County:

WASHINGTON

Subdivision:

ADAMS MORGAN

Acres:

0.054

Taxes:

$18,308.57

Tax Year:

2009

Lot Square Feet:

2344

Exterior:

Brick

Lot Num:

Sewer:

Public Sewer

Water:

Public

Zoning:

R5B

Ownership:

Fee Simple

Financing:

Gross Income:

$390,000.00

Other:

$222,000.00

Net Op Income:

$168,000.00

Listing Provided By:

List Office: RE/MAX PROS-GERMANTOWN