54 FLORIDA AVE NW, Washington, DC, 20001

List price to be opening bid at online only auction. Registration and Bidding Opens On March 23, and Closes on Tuesday, March 28th, 2023 at 2:00PM. Newly constructed four unit residential building in the Truxton Circle Neigborhood of NW Washington, DC. The property will be delivered vacant and with a use and occupancy permit. No TOPA necessary! Location: Truxton Circle is a vibrant neighborhood of Northwest Washington, D.C. that offers a dense urban feel and easy access to downtown and Capitol Hill. The neighborhood has a variety of restaurants, nightlife, shopping and arts and entertainment options. Truxton Circle is a great place to live for anyone who wants to enjoy the best of Washington, D.C.! Description: The property is zoned MU-4 and is on a 1,030 +/- Sq. Ft. lot. Square 0614/Lot 0116. The property is improved by a 4-story plus lower level attached multifamily building containing four units. The units have been improved to be luxury condominiums or can be utilized as a 4 unit apartment building for rental income. Unit Breakdown: Lower Level - 1BR/1BA 620 +/- Sq. Ft.--1st Floor - 1BR/1BA 500 +/- Sq. Ft.-- 2nd/3rd Floor - 2BR/2BA 772 +/- Sq. Ft.--3rd/4th Floor - 2BR/2BA 960 +/- Sq. Ft.--Total of 2,852 +/- Sq. Ft. The units features include: • 9 foot ceiling height• Fully sprinklered• All units separately etered for electric• All units self contained with their own HVAC (heat pump) and water heater• Washer/dryer in each unit • Luxury finishes. Estimated Rental Income: Lower Level - $1,650--1st Floor - $2,000--2nd/3rd Floor - $3,300--3rd/4th Floor - $3,500--Monthly Total - $10,450--Annual Total - $125,400.