A coveted phenomenal address, emerging onto the market for the first time in 60 years! Behold the extraordinary – a vacant, over 7,000 SF masterpiece of architectural brilliance, resting in the heart of Dupont. This 8-unit gem, adorned with a blend of brick and stone is a testament to timelessness. Currently under rent control, this building presents a myriad of possibilities. Elevate it through incremental rent increases, crafting a beneficial revenue stream. Alternatively, reimagine its purpose, from a condominium conversion to a luxurious single-family haven – the choice is yours to make. Each unit boasts new mini-split air conditioners, modern stainless-steel in their fresh kitchens and newer baths. Hardwood floors echo with the footsteps of history, while original fireplaces, enhanced with inserts, evoke nostalgia. From common area laundry to two rear decks and ample parking, convenience is thoughtfully woven into this dwelling. The building accommodates diverse lifestyles, offering a small lower-level unit, a spacious 2-bedroom 2-bathroom abode on the first level, along with 6 generous one-bedrooms and 1 basement studio unit. Fall in love with the high ceilings, intricate moldings, and breathtaking staircases adorned with wrought iron railings. The narrative of each unit unfolds within these walls – a tribute to the past and a canvas for the future. With a new Certificate of Occupancy already secured, the groundwork for your vision is set. This is your chance to partake in the renaissance of a historic gem, and to embrace the limitless potential it holds. Owner is currently submitting for Vacancy Increases and Added Amenities bringing property to market rents.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th November, 2023 12:40 AM (UTC)
Listing Agent: Joseph G Zorc
Listing Office: Coldwell Banker Realty - Washington