= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Multifamily For Sale, Washington, DC or District of Columbia

Multifamily Property - Off Market

First Street Apartment Homes

5510 1st Street NW, Washington, DC 20011

Price:
N/A
No. Units:
12
Building Size:
7,900 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.24%
Year Built:
1936
Lot Size:
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)

Hide Map

Additional Options: Print Listing; View Map; Demographics; Research Price

Created 6/23/2009

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

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 5510 1st Street NW, Washington, DC 20011

Nearby Multifamily properties for saleSearch all commercial real estate for sale

103 Missouri Ave
$1,690,000
18 Units
710-712 Sheperd Road, NW
$779,000
6 Units
912 Gallatin St nw
$1,700,000
14 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

Garden/Low-Rise
Sold 4Q 2005
Garden/Low-Rise
Sold 2Q 2007
Garden/Low-Rise
Sold 2Q 2005
Garden/Low-Rise
Sold 2Q 2005
Garden/Low-Rise
Sold 3Q 2007

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.

Embed this Listing on Your Website

Multifamily Property For Sale - First Street Apartment Homes

5510 1st Street NW, Washington, DC, 20011