Washington, DC 20002,1701 E ST NE
Washington, DC 20002,1701 E ST NE
Washington, DC 20002,1701 E ST NE
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$3,425,000
Est. payment /mo
8,088 SqFt

UPDATED:

11/24/2024 03:49 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,088 sqft

Price per Sqft $423

Subdivision Rosedale

MLS Listing ID DCDC2138210

Originating Board BRIGHT

Year Built 2008

Annual Tax Amount $7,567

Tax Year 2024

Lot Size 4,176 Sqft

Acres 0.1

Property Description

RARE SIX UNIT (ALL 3 BEDROOMS) AT COMPETITIVE CAP RATE - Great Location with Massive Income! Rarely available turn-key 6-Unit 8000 SF Building on Corner Lot with Parking, Great Income and Strong Cash-flow. Total annual income just over $292K ($24K + monthly), average unit income is $4062 / month, utilities currently included. Each separately metered unit has an independent circuit panel, CAC, HWH, Laundry and Parking. Relatively new construction (2008) with some more recent updates, hardwood floors and double pane windows. Located in the popular Rosedale neighborhood of Capitol Hill along the bustling H Street and Benning Road development corridors. Walk to Rosedale Recreation Center, Pool and Library, Safeway, CVS, Ross, with many shopping and dining options nearby. Bus Lines and Trolley to Locations across the City, Near Hechinger Development, RFK Development, More! 86 WALKSCORE, 99 BIKESCORE. NOW PRICED $100K UNDER APPRAISED VALUE - Run the numbers, call today for more information and a tour.

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Flooring Hardwood

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4546//0139

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Private, Bank Portfolio

Listing Terms Cash, Private, Bank Portfolio

Financing Cash,Private,Bank Portfolio

Special Listing Condition Standard


Read Less Info
Bright MLS (BMLS)
Listed by Peter D Grimm • Berkshire Hathaway HomeServices PenFed Realty
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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1701 E ST NE