Active
1701 E St NE
Washington DC, 20002
$3,425,000
$423.47 per sqft
Active
8,088 sqft
Commercial
Built in 2008
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!
DCDC2138210
MLSⓇ ID
June 7, 2024
Listed
November 20, 2024
Updated
Map
1701 E St NE
Washington DC, 20002
Interior Features
Total Stories
3
Interior Features
Hardwood
Appliances
Electric Water Heater
Floor Description
Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Exterior/Building Features
Lot Size
0.1 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$7,567
Tax Frequency
Annually
Days on Market
167
Garage
No
Parking Total
6
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/24/2024 | Price change | $3,425,000 -3% |
Listed by Berkshire Hathaway HomeServices PenFed Realty
Listing Contact: 2022706368
The IDX display contains information sourced from the Bright MLS, Inc. as of 11/20/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/20/2024 at 4:40 PM UTC
