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sales rep | Brivity IDX

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1001 Rhode Island Ave NE , Washington, DC 20018
$7,250,000
Est. Payment: $40,225.31/mo
18000 Sqft
0.31 Acres
Status: pending | Days on site: 237
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CENT2007 - 3064904,64793
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House Description

Incredible opportunity for investor to take ownership of a newly built 18-unit condominium building on Rhode Island Ave in Northeast DC. This sleek, modern building in Brentwood offers secure entry and elevator service to four floors of residential units, plus a rooftop party suite with a full kitchen, bathroom, and exterior rooftop terrace access. The units themselves are light, bright, and spacious, featuring high ceilings, upgraded lighting and plumbing fixtures, open floor plans, plenty of windows in every room, and LVP flooring throughout. The kitchens sparkle with upgraded countertops and stainless-steel appliances. The 18 units include a mix of three 1 BR 1 BA, three 2 BR 1 BA, eleven 2 BR 2 BA, and one 2 BR, 2.5 BA units. The sizes vary from 600 SF up to 1,410 SF, with most being 800-900 SF. Located near the Rhode Island Ave/Brentwood Metro station, with shopping, dining, and entertainment options in every direction, with anchor stores like Giant and Home Depot nearby. The rear parking lot offers residents the convenience of private parking. NOTE: This is a short sale, and the sale is subject to bankruptcy court approval. The entire building is being offering for sale, not the individual condos. The total building is estimated to be 18,000 SF but is not reflected on tax records yet, which show previous building size. The new owner will then have the opportunity to sell the individual units at market prices or convert the use to a multifamily property.

Highlights

Listed by Stephanie A Young , 5712239775 and Robert C Walters , 7034015874 CENTURY 21 New Millennium , 7035564222. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.31

Year Built

2025

County

Washington

School District

District Of Columbia Public Schools

Listing ID

DCDC2218590

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Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Ceramic Tile,Luxury Vinyl Plank
Water:Public

Exterior Features

Lot:Horse Property: No,In City Limits
Garage Capacity:14
Zoning:RA-1 RESIDENTIAL APARTMEN
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:Private,Surface,Unassigned,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$40,225
Taxes
$478

Home Price

$7,250,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$1,450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$40,225.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $40,225.31 $478.13 $0.00 $40,703.44
Yearly $482,703.76 $5,737.50 $0.00 $488,441.26
Total $14,481,112.83 $172,125.00 $0.00 $14,653,237.83
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS