Multifamily

Duke St Apartments

Listing Price: $1,100,000

Cap Rate
3.50%
Number of Units
3
Price/Unit
$366,667
Price/Gross SF
$366.67
Gross SF
3,000

Investment Overview

The Duke St Apartments is located on the corner of Duke and Alfred Street. Only two blocks away from King Street and the Old Town Waterfront. This three-unit building has two fireplaces, a two story two-bedroom unit with cathedral ceilings, a back yard patio and 3 rear off street parking spots. Zoned for commercial and multifamily use the property has the capability of being a office and a living space with additional rental income, or can be converted into condominiums. Duke St is located in the heart of Old Town, Alexandria and mile from two grocery stores, King Street Metro Station and tons of restaurants, coffee shops, bars and boutique shopping.

Investment Highlights

  • Close Proximity to grocery shopping, restaurants, boutique shops and bars
  • 10 Minute Drive to Amazon H2Q (New Headquarters)
  • Great unit mix with strong rental demand

Exclusively Listed By

  • Stacey Milam

    Senior Vice President Investments

    (202) 536-3705

    Email Stacey

    License(s): MD: 526147, DC: SP101423, VA: 0225 077593

    Washington, D.C.

  • Lynnci Barnes

    Associate

    Email Lynnci

    License(s): DC: SP98377939

    Washington, D.C.

  • Daniel Danesh

    Associate

    Email Daniel

    License(s): MD: 678302, DC: SP200203217

    Washington, D.C.

Listing Price: $1,100,000

Cap Rate
3.50%
Number of Units
3
Price/Unit
$366,667
Price/Gross SF
$366.67
Gross SF
3,000

Investment Highlights

  • Close Proximity to grocery shopping, restaurants, boutique shops and bars
  • 10 Minute Drive to Amazon H2Q (New Headquarters)
  • Great unit mix with strong rental demand

Investment Overview

The Duke St Apartments is located on the corner of Duke and Alfred Street. Only two blocks away from King Street and the Old Town Waterfront. This three-unit building has two fireplaces, a two story two-bedroom unit with cathedral ceilings, a back yard patio and 3 rear off street parking spots. Zoned for commercial and multifamily use the property has the capability of being a office and a living space with additional rental income, or can be converted into condominiums. Duke St is located in the heart of Old Town, Alexandria and mile from two grocery stores, King Street Metro Station and tons of restaurants, coffee shops, bars and boutique shopping.

Exclusively Listed By

  • Stacey Milam

    Senior Vice President Investments

    (202) 536-3705

    Email Stacey

    License(s): MD: 526147, DC: SP101423, VA: 0225 077593

    Washington, D.C.

  • Lynnci Barnes

    Associate

    Email Lynnci

    License(s): DC: SP98377939

    Washington, D.C.

  • Daniel Danesh

    Associate

    Email Daniel

    License(s): MD: 678302, DC: SP200203217

    Washington, D.C.

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