Religious Multifamily Property

29 Unit Dormitory | $5,400,000 ($186,207/Unit) | Washington, DC 20017

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $5,400,000

Property Type
Multifamily
Square Feet
18,616 SF

Listing Contacts

Sally Ludwig
Sally Ludwig
Verified Profile
Kahu Ludwig
Kahu Ludwig
Verified Profile
Jonathan Reneau
Jonathan Reneau
Verified Profile
Jeffrey Ludwig
Jeffrey Ludwig
Verified Profile
  • Property Info

Property Overview

831 Varnum St NE, Washington, DC is a four-story, 18,616± SF building ideal for student housing, group home, or religious
house. It boasts move-in ready condition, having been well maintained and recently renovated. Along with over 32 current
bedrooms and offices, the property’s extensive amenities include a full commercial kitchen, group dining area with
outdoor patio seating, existing chapel, various room layouts, multiple common areas and libraries, elevator service, excess
land for parking expansion, backup power generator, and a full sprinkler system. This meticulously maintained property, with
recent roof replacement and excess power capacity, presents an unparalleled opportunity for purchasers seeking a prestigious
and versatile asset in a prime Washington DC location.

Property Details

Class
B
Year Built
1935
Stories
4
Property Subtype
Dormitory
Lot Size (sq. ft)
34,848 SF
Units
29

Highlights

  • Special use - student housing, group home, or religious house
  • Excellent move-in ready condition.
  • Full commercial kitchen with walk-in refrigerator/freezer space.
  • Multiple (10+) offices, common areas, libraries, and storage rooms that could be utilized as additional bedrooms.

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