Property

Washington, DC 20002 1701 E Street NE

1701 E Street NE Washington, DC - Image 11701 E Street NE Washington, DC - Image 21701 E Street NE Washington, DC - Image 3
Presented By: Berkshire Hathaway HomeServices PenFed Realty
  • MLS# DCDC2138210
  • 06/07/2024
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  • SQFT • 8,000

Home Details

RARE SIX UNIT (ALL 3 BEDROOMS) AT 6% 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! Run the numbers, call today for more information and a tour!
Presented By: Berkshire Hathaway HomeServices PenFed Realty

Interior Features for 1701 E Street NE

Other Interior Features

Central Air Y/NYes
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 1701 E Street NE

Acceptable FinancingCash, Private, Bank Portfolio
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick, Frame, Masonry
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
Days on Market118
DirectionsBenning to South on 17th St to E Street
DisclosuresLead Based Paint - Federal, Lead Based Paint - State
Electric200+ Amp Service
Gross Income292440.00
HeatingCentral
Historic Y/NNo
Lease Considered Y/NNo
Legal SubdivisionOld City 1
Lot Size Square Feet4176.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-24T15:24:24
New ConstructionNo
NumberOfUnitsTotal6
OwnerPaysAll Utilities
Percent OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease
Possible UseApartment Building, Apartments
Price Per Sq Ft Total AG435.83
Property ConditionGood
Property SubTypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameROSEDALE
Tax Annual Amount7567.0
Tax Assessed Value935840.0
Tax Lot139
Tax Year2024
Total Actual Rent292440.00
TransportationMetro/Subway Station less than 1 mile, Commuter Rail Station 1 to 5 miles, Airport less than 10 miles
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2008
Year Built SourceEstimated
ZoningRF-1

Exterior for 1701 E Street NE

Building Area Total8088.00
Car Parking Spaces6
Fencing Y/NN
Foundation DetailsCrawl Space
Land Assessed Value577250.00
Land Use Code
Lot Size Acres0.10
Lot Size SourceAssessor
Navigable Water Y/NNo
Parking FeaturesPrivate, Surface
Soil TypesUrban Land-Sassafras-Chillum
Total Loading Docks0
Total Parking Spaces6
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $3,525,000
MLS#DCDC2138210
List Date 06/07/2024
Property Type Commercial
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