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

Multifamily Property For Sale

1516 Marion Street NW

1516 Marion Street NW, Washington, DC 20001

Price:
$1,700,000
No. Units:
15
Building Size:
7,750 SF
Price/Unit:
$113,333.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
6%
Find Out More...

Last Verified 10/22/2009 Listing ID 16394055

Description

Catch this Cash Cow at an unbelievable price! This is a 100% leased property with loyal tenants. The ownership has lovingly maintained and improved this property for you to buy & Hold. Contact listing broker for investment package and market research.

5 minute walk to Convention Center metro, near bus line on P Street. Ample parking in Rear.

Located on a quiet one-way street in the heart of Washington DC.

10 minutes to Howard University.

Financial Summary

Actual
Net Operating Income
$102,000

Map of 1516 Marion Street NW, Washington, DC 20001 (District of Columbia County)

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Contact Listing Broker

Thomas Guirola (202) 746-0193

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Created 9/14/2009

Additional Information for 1516 Marion Street Nw, Washington, DC 20001

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
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.

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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.

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Multifamily Property For Sale - 1516 Marion Street NW

1516 Marion Street NW, Washington, DC, 20001