Description
The Dawson presents a unique opportunity for complete ownership of an historic 7-UNIT condominium building in the heart of Dupont Circle. While the Dawson has been under single ownership for the past two owners, it has offered reliable, consistent investment returns in part because tenants love the beautiful, the light filled units with within a historic building located on one of Dupont's most idyllic tree-lined blocks. The current owner has made thoughtful improvements during their ownership and benefited from very high occupancy rates, relatively low and maintenance expenses. The Dawson consists of 4,500 gross square feet within a four-story interior brick building with seven light filled units rented at below market rates. The Property is zoned R-5-B and because of the condominium regime offers a future buyer remarkable flexibility for repositioning the asset.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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4,500SQFT
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$633$/SQFT
Description
The Dawson presents a unique opportunity for complete ownership of an historic 7-UNIT condominium building in the heart of Dupont Circle. While the Dawson has been under single ownership for the past two owners, it has offered reliable, consistent investment returns in part because tenants love the beautiful, the light filled units with within a historic building located on one of Dupont's most idyllic tree-lined blocks. The current owner has made thoughtful improvements during their ownership and benefited from very high occupancy rates, relatively low and maintenance expenses. The Dawson consists of 4,500 gross square feet within a four-story interior brick building with seven light filled units rented at below market rates. The Property is zoned R-5-B and because of the condominium regime offers a future buyer remarkable flexibility for repositioning the asset.
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