Property

Washington, DC 20003 747 10Th Street SE

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Presented By: Horvath & Tremblay MD, LLC
  • MLS# DCDC2159648
  • 09/17/2024
  • Request Tour
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  • SQFT • 6,525

Home Details

747 10th Street SE is a 9-unit multifamily asset in the Capitol Hill neighborhood of Washington, DC. The Property is a short walk from Eastern Market (0.5 miles away), Barracks Row (0.2 miles away) and Navy Yard (0.7 miles away), offering a wide array of shopping, dining, grocers, public parks, and entertainment options. The asset is also metrocentric, with the Eastern Market Metro Station located just a 6-minute walk away. The Property consists of approximately 8,040 gross square feet within a four-story brick building with nine (9) units consisting of three (3) one-bedroom units in the lower level, two (2) two-bedroom units, and four (4) two-bedroom plus den units on the top three floors. The Propertys existing high level of physical vacancy (7 units or 77.7%) presents investors with the opportunity to add value immediately and capitalize on the broad range of renters that seek out Capitol Hill for housing including Capitol Hill staffers, lobbyists, trade associations, universities, student/interns, just to name a few. The rear yard can be accessed via a public alleyway, which creates the opportunity to accommodate 3-4 off-street parking spaces at the Property. Also, the asset features a multilevel covered deck off the rear which provides amenity space for building residents. When fully occupied, the asset can generate $18,000+ in monthly rental income.
Presented By: Horvath & Tremblay MD, LLC

Interior Features for 747 10Th Street SE

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank

General for 747 10Th Street SE

AccessibilityNone
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
Days on Market16
DirectionsIn between I Street SE & G Street SE on 10th Street SE
HeatingRadiator
Legal SubdivisionOld City 1
Lot Size Square Feet3010.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-19T22:18:49
New ConstructionNo
NumberOfUnitsTotal9
Percent OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG302.24
Property SubTypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount17234.0
Tax Assessed Value2027510.0
Tax Lot53
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1912
Year Built SourceAssessor
ZoningRF-1

Exterior for 747 10Th Street SE

Building Area Total8040.00
Car Parking Spaces3
Land Use Code
Lot Size Acres0.07
Lot Size SourceAssessor
Navigable Water Y/NNo
Soil TypesUrban Land-Sassafras-Chillum
Total Loading Docks0
Total Parking Spaces3
Type of ParkingOther
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Derrick Sims

Associate
Price $2,430,000
MLS#DCDC2159648
List Date 09/17/2024
Property Type Commercial
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