1335 11TH ST NW Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20001
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 34,807 sqft
Price per Sqft $617
Subdivision Logan Circle
MLS Listing ID DCDC2139392
Style Contemporary
Abv Grd Liv Area 29,733
Originating Board BRIGHT
Year Built 2024
Annual Tax Amount $59,356
Tax Year 2023
Lot Size 7,180 Sqft
Acres 0.16
Property Description
EXCLUSIVE INVESTMENT OPPORTUNITY: THE MAYFAIR RESIDENCES AT LOGAN CIRCLE ++ We are excited to unveil a stellar investment opportunity in the multifamily asset class: The Mayfair Residences at 1335 11th Street NW, Washington, DC. Offered at $21,500,000 with a projected delivery in late Summer 2024, this exclusive offering encompasses the entire property, comprising 22 high-end units, totaling 29,733 square feet in one of Washington, DC's most sought-after neighborhoods. INVESTMENT OVERVIEW: The Mayfair Residences provide a unique chance to acquire a complete multifamily complex, brand new, with no existing leases and exempt from the Tenant Opportunity to Purchase Act (TOPA), facilitating straightforward management and significant investment potential. This property is poised to cater to the upscale rental market, offering elegance and sophistication in a prime urban location. INVESTMENT HIGHLIGHTS: FULL OWNERSHIP: Control the entire property with 22 high-end units totaling 29,733 sq ft. -- EXCLUSIVITY: No existing leases, complete exemption from TOPA, allowing for smooth management and exceptional investment flexibility. -- PRIME LOCATION: Situated in a highly desirable area known for its constant demand from affluent professionals. -- LUXURY DESIGN: Inspired by the opulent Mayfair district in London, ensuring attraction and retention of high-end tenants. INVESTMENT BENEFITS: IMMEDIATE REVENUE: Start generating income as soon as you acquire the property. -- VALUE APPRECIATION: Invest in an area known for its long-term growth in both popularity and property value. -- TAX INCENTIVES: Benefit from potential tax advantages through property depreciation and other investment deductions. INTERIOR AND DESIGN FEATURES: INTERIORS BY BOXWOOD: A homage to affluence and artistry with luxurious materials and bespoke details. -- CUSTOM FEATURES: Kitchens with Forno appliances, Character Grade White Oak Hardwood flooring, substantial crown and base moldings, high-quality Anderson windows, and solid core doors. -- ADVANCED HOME TECHNOLOGY: Includes surround sound systems, smart home hubs, video doorbell cameras, and more. -- PENTHOUSES: Featuring private roof decks, additional dens, direct private elevator access, and reserved parking spaces. YOUR INVITATION TO LUXURY LIVING: The Mayfair Residences invite you to be part of an address as unique as it is timeless. For a private tour and to experience firsthand the remarkable craftsmanship and visionary design, please reach out to our team. We believe The Mayfair Residences represent a strategic, lucrative asset that complements the sophisticated investment portfolio. This opportunity is not just an investment in real estate but a stake in a lifestyle sought after by many yet available to only a few. We invite you to delve deeper into this investment opportunity and consider the benefits it holds for your portfolio. We look forward to discussing this exclusive offering with you and exploring the possibilities it unfolds for wealth generation.
Location
State DC
County Washington
Zoning MU-4
Rooms
Basement Daylight, Full,Windows,Walkout Stairs
Interior
Interior Features Combination Dining/Living,Combination Kitchen/Dining,Crown Moldings,Dining Area,Family Room Off Kitchen,Floor Plan - Open,Kitchen - Gourmet,Sound System,Wet/Dry Bar
Hot Water Electric
Heating Forced Air,Central
Cooling Central A/C
Flooring Hardwood
Equipment Built-In Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Freezer,Icemaker,Intercom,Microwave,Refrigerator,Stove,Surface Unit,Washer,Trash Compactor,Water Heater
Fireplace N
Appliance Built-In Microwave,Built-In Range,Dishwasher,Disposal,Dryer,Freezer,Icemaker,Intercom,Microwave,Refrigerator,Stove,Surface Unit,Washer,Trash Compactor,Water Heater
Heat Source Electric
Exterior
Garage Spaces 4.0
Parking On Site 4
Utilities Available Sewer Available,Water Available,Electric Available,Natural Gas Available
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 4
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade,Below Grade
Structure Type 9'+ Ceilings
New Construction Y
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0339//0039
Ownership Fee Simple
SqFt Source Assessor
Security Features Exterior Cameras,Carbon Monoxide Detector(s),Fire Detection System,Intercom,Main Entrance Lock,Security System,Smoke Detector,Sprinkler System - Indoor
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard