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1250 HOLBROOK TER NE
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Listing ID: 120808 
Status: Deleted
1250 Holbrook Terrace Northeast ~ Washington, DC Multi-Family 2-4 | Tenant Occupied
Current Bid: $820,000 
Number of Bids: 1 Bid History
High Bidder: Shandel
Time Remaining
DaysHoursMinutesSeconds
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Bidding Opens: Aug 19, 2023 9:00 AM
Bidding Ends: Aug 29, 2023 5:00 PM  (Central)
Starting Bid: $820,000
Contact: Jasmyen
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms
Files Rental Info


Contact Information
Contact Type: Broker/Auctioneer
Contact Name: Jasmyen
Agency Name: Porter House International Realty Group
Contact Phone: 301-613-3301
Showings: Call for Appointment


Address Information
Street Address: 1250 Holbrook Terrace Northeast
City: Washington
County:
State/Province: DC
Postal/ZIP Code: 20002
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Multi-Family 2-4
Category: Tenant Occupied
Square Footage: 3,756 (Approximate)
Lot Size: 0.11a / 4871sf
Year Built: 1939
Taxes: $1,717
MLS/FMLS ID: DCDC2104610

Picture Gallery

Description

Welcome to an unparalleled investment opportunity in the heart of Washington, D.C., where luxury and convenience converge in this stunning 4-unit apartment building. With 4 Bedrooms + 4 Bonus Rooms, each unit can become a 2 Bedroom, 1 Bathroom Suite with a Deck! Nestled in a highly sought-after Capitol Hill Corridor, this property offers not just a place to live, but a lifestyle that's second to none. Immerse yourself in the elegant ambiance of these meticulously designed units, where each one features a generously sized bedroom and an oversized den, providing endless possibilities. Three of the four units have been thoughtfully updated to include modern kitchens, boasting sleek finishes, top-of-the-line appliances, and abundant storage. Enjoy the convenience of contemporary amenities while preserving the classic charm of this distinguished building. Transform the den into a grand bedroom, a private office, or a creative haven - the choice is yours. With ample space to customize, these units will bring out your creativity in design to meet your individual needs and aspirations. Each unit invites you to Step outside onto the charming deck that overlooks the serene backyard, offering a private oasis that's perfect for relaxation and outdoor gatherings. Whether you're savoring a morning coffee or hosting an intimate evening soiree, this outdoor space seamlessly extends your living area. Entertain with flair in the gracefully proportioned living and dining rooms that showcase beautiful hardwood floors throughout. Each unit provides a generous living area that effortlessly adapts to your desired layout and design preferences. Beyond its exceptional features, this property offers an enticing investment opportunity. With its prime location in the heart of Washington, D.C., close to renowned attractions, cultural hotspots, and thriving business districts, this building promises a strong and steady rental income potential. Don't miss your chance to own a piece of D.C.'s premier real estate. This 4-unit apartment building merges timeless charm with modern comfort, offering an unparalleled living experience and investment potential. Seize the moment and schedule your private tour today! This is NOT a distressed property. Submit your highest and best bid today! Follow instructions in auction details. All information is thought to be accurate but must be verified by the buyer.


Files
File NameDescriptionFile Size
ATT002_Rental CMA .pdf Rental CMA 3273 KB
ATT003_CMA.pdf CMA 1666 KB

Rental Information
Total Units: 4
Units Rented: 3
Monthly Income
Total Rent: $3,400
Additional Income:
 Monthly Expenses
Insurance:
Property Mgt. Fee:
Utilities:
Additional Expense:

Bidding History
BidderBid AmountBid TimestampAuto-Bid
Shandel$820,000 Tue - Aug 29, 2023 04:57:55 PM

Questions
 
----- No Questions -----

Terms
  1. To Bid on this property, you must be of legal age to enter into a contract to purchase real estate. If you're in doubt about the legal age to enter into contract, please consult with competent legal counsel before bidding.
  2. All bids are placed in US Dollars.
  3. High bid is subject to seller approval.
  4. If you are out bid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  5. The bidding will be open and everyone will have access to the bid history during the bidding period.
  6. As the bidding nears the ending time it will auto-extend until bidding is silent for 2 minutes.
  7. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  8. The high bidder will be notified via email after the bidding ends.
  9. Inspection: Each bidder acknowledges it is their responsibility to inspect the property in order to determine its suitability for their intended use. It is the buyer's sole responsibility to inspect the property.
  10. Deposit: Upon the high bid being accepted by seller, a 1% Earnest Money Deposit is due immediately and must be wired to Porter House International Realty Group escrow account within 24 hours of notification of seller acceptance.  Signed purchase agreement must also be submitted within 24 hours of seller acceptance.
  11. The balance of the purchase price is due at closing within 30 days.
  12. Buyer's Premium: A 3.5% buyer's premium will be added to the high bid to determine the final purchase price.
  13. Closing Costs: Purchaser will be responsible for any expense relative to financing his/her purchase, as well as statutory recording fees (deed stamps) associated with the sale and deed preparation.
  14. Taxes: Taxes will be prorated as of the day of closing.
  15. Final Bids: All bids are irrevocable by the bidder. This property will be sold to the highest bidder subject to seller confirmation.
  16. The Successful Bidder will be required to sign the approved real estate purchase agreement immediately upon conclusion of the auction and make their earnest money deposit to Real Estate Company.  This listing agent will contact the High Bidder shortly after the bidding concludes in order to make arrangements for executing the Purchase Agreement.
  17. Agency: Real Estate Company represents the seller in this transaction.
  18. Broker Participation Invited: A 2.5% referral fee, of the High Bid Amount, will be paid to the Broker whose prospect pays and settles for the property. To qualify for a referral fee, the Broker must register their prospect using "Buyer's Agent Registration Button" displayed on the listing no later than 3 hours prior to the end of the auction. A complete registration file on all prospects will be maintained. No Broker will be recognized on a prospect that has previously contacted or has been contacted by the Seller or their agents. No referral fees will be paid to any broker or agent who is acting on their own behalf, on the behalf of another agent, or on behalf of a member of their immediate family, or who is a partner, stockholder, or principal of entity purchasing the property. Referral fees will be paid upon closing. There can be NO EXCEPTIONS to this policy and no oral registrations will be accepted.
Buyer Premium: 3.5%
This fee is added to the winning bid amount and is paid by the Buyer. High Bid + Buyer Premium = Selling Price.

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