Skip To Content

1701 E Street NE

WASHINGTON, DC 20002
  • $3,425,000
  • STATUS: Active
  • ON SITE: 177 Days
  • ID#: DCDC2138210
UPDATED: 57 min ago
$3,425,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2008
County:

School Ratings & Info

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.

Monthly Payment Calculator



©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-02T19:53:24.593.
www.jessyoungrealestate.com/homes/151431248
Print Image

1701 E Street NE WASHINGTON, DC 20002

  • Price: $3,425,000
  • Status: Active
  • On Site: 177 Days
  • Updated: 57 min ago
  • ID#: DCDC2138210
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2008
Built
Neighborhood:
Rosedale
County:
Washington
School District:
District Of Columbia Public Schools
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.
Exterior Features

Construction Materials BrickFrameMasonry Garage YN No Parking Features PrivateSurface Parking Types Parking Lot Property Condition Excellent Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8088.00 Cooling Central A/C Flooring Hardwood Heating Central Heating YN Yes Net Square Feet 8088.00

Property Features

Acceptable Financing CashPrivateBank Portfolio Accessibility Features None Annual Gross Expense 75067.00 Central Air YN Yes Cooling Fuel Electric Cross Street 17th Electric 200+ Amp Service Elevators 0 Entry Level 1 Foundation Details Crawl Space Gross Income 291552.00 Heating Fuel Natural Gas Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N Net Operating Income 216485.00 New Construction YN No Number Of Units Total 6 Operating Expense Includes ElectricHeating/CoolingInsuranceLandscapingManagement FeesRepair/MaintenancePest ControlSewerSnow RemovalTrashWaterParking Original MLSNumber 803013041992 Owner Pays All Utilities Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7567.00 Tax Lot 139 Total Actual Rent 291552.00 Transportation Metro/Subway Station less than 1 mileCommuter Rail Station 1 to 5 milesAirport less than 10 miles Vacation Rental YN No Water Source Public Year Built Effective 2008 Zoning RF-1

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-02T19:53:24.593.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_7_803013041992-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_7_803013041992-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_7_803013041992-2.jpg
Logo
RE/MAX Executive
8432 Veterans Hwy
Millersville MD, 21108