Historical Multifamily Sale Listing - First Street Apartment Homes

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First Street Apartment Homes

5510 1st Street NW, Washington, DC 20011

Exterior of 5510 1st St NW

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)

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Created 6/23/2009

Additional Information for 5510 1st Street Nw, Washington, DC 20011