1701 E ST NE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20002
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
Year Built 2008
Annual Tax Amount $7,567
Tax Year 2024
Lot Size 4,176 Sqft
Property Description
NOW PRICED $100K UNDER APPRAISAL - Great Location with Massive Income and 6%+ CAP Rate! 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!
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Hardwood
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Acceptable Financing Cash,Private,Bank Portfolio
Listing Terms Cash,Private,Bank Portfolio
Special Listing Condition Standard