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First Street Apartment Homes
5510 1st Street NW, Washington, DC 20011

Exterior of 5510 1st St NW
N/A
12
7,900 SF
Multifamily
Garden/Low-Rise
Investment
7.24%
1936
5,750 SF
-
Last Verified 9/4/2009
Listing ID 16290734
Highlights
Favorable Unit Mix of Two Studios, Four One-Bedrooms and Six Two-Bedrooms
Upside in Rents and Occupancy
Located Minutes from New Development
Description
First Street Apartment Homes is a 12-unit multi-family building located in the heart of Brightwood. Located at 5510 1st Street NW, the property is comprised of two studios, four one-bedrooms and six two-bedrooms. Currently operating at 80 percent occupancy, an investor can capitalize on filling the remaining vacant units and increase the property's rental income.
First Street Apartment Homes offers investors approximately 7,900 square feet of rentable space in a 9,369-square foot building. Zoned C-2-A, the building sits on 5,750 square feet of land. The building is separately metered for electricity and is master metered for natural gas, water and sewer.
Located in Brightwood, First Street Apartment Homes is located near the corner of 1st Street NW and Kennedy Street NW. It is one block North of Missouri Avenue NW and is one block West of N Capitol Street NE, both major DC thoroughfares. It is also one block away from a Metrobus stop and is one mile west of the Fort Totten Metro station, making the property's location convenient for commuters.
Map of 5510 1st Street NW, Washington, DC 20011 (District of Columbia County)
Created 6/23/2009
Additional Information for 5510 1st Street Nw, Washington, DC 20011
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P