Active

1701 E St NE

Washington DC, 20002

$3,425,000


$423.47 per sqft

Active

8,088 sqft

Commercial

Built in 2008

CALL TODAY! $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!

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 2:49 PM UTC

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