DC > Washington > Rosedale
Washington, DC 20002,1701 E ST NE
Washington, DC 20002,1701 E ST NE
Washington, DC 20002,1701 E ST NE
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$3,425,000
Est. payment /mo
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8,088 SqFt
Price Dropped by $100K

1701 E ST NE Washington, DC 20002

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Gary Pallay

Gary Pallay

+1(908) 698-1053

UPDATED:

10/24/2024 06:31 PM

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

Originating Board BRIGHT

Year Built 2008

Annual Tax Amount $7,567

Tax Year 2024

Lot Size 4,176 Sqft

Acres 0.1

Property Description

$100K REDUCTION - RARE SIX UNIT (ALL 3 BEDROOMS) AT 6%+ 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! 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

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

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 Assessor

Acceptable Financing Cash, Private, Bank Portfolio

Listing Terms Cash, Private, Bank Portfolio

Financing Cash,Private,Bank Portfolio

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Peter D Grimm • Berkshire Hathaway HomeServices PenFed Realty

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Gary Pallay

Sales Associate

+1(908) 698-1053

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1701 E ST NE