1701 E ST NE new to site 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 Kingman Park
MLS Listing ID DCDC2171758
Originating Board BRIGHT
Year Built 2008
Annual Tax Amount $7,567
Tax Year 2024
Lot Size 4,176 Sqft
Acres 0.1
Property Description
Welcome to 1701 E Street NE, a unique investment opportunity in a rarely available turn-key 6-Unit 8088 SF Building on Corner Lot with Parking and Strong Cash-flow. Total annual income just over $291K ($24K + monthly), average unit income just over $4049 / month, utilities currently included. Ideal to complete 1031 exchange transactions, TOPA is cleared and quick closing is possible. Each separately metered unit has an independent circuit panel, CAC, HWH, Laundry and Parking. Relatively new construction (2008) with 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. Offers encouraged, submit your LOI today.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4546//0139
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Private,Bank Portfolio
Listing Terms Cash,Private,Bank Portfolio
Financing Cash,Private,Bank Portfolio
Special Listing Condition Standard