= 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 For Sale

1710 Gales Street NE

1710 Gales Street NE, Washington, DC 20002

Price:
$697,500
No. Units:
6
Building Size:
4,896 SF
Price/Unit:
$116,250
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
5%
Occupancy:
100%
No. Stories:
3
Year Built:
1949
Lot Size:
0.06 AC
Find Out More...

Last Verified 11/15/2009 Listing ID 16443466

Highlights

All 2 bedroom / 1 bath units

Description

Great opportunity to buy renovated 6 unit multifamily at an incredible price. Fully occupied. Updated throughout including roof plus gutters and downspouts, refinished wood floors throughout, remodeled bathrooms and kitchens with new appliances, double pane windows, water heaters, and more!

Capitol Hill near 17th and Benning

Attachments

Enhanced Listing Web Site

Financial Summary

Actual
Year
2009
Scheduled Gross Income
$55,500
Effective Gross Income
$53,835
Operating Expenses
$17,549
Net Operating Income
$36,286
Pre-Tax Cash Flow
$30,686

Map of 1710 Gales Street NE, Washington, DC 20002 (District of Columbia County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

RE/MAX Gateway

Request additional information

Contact Listing Broker

Lorrie Hunter (703) 652-5704

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 10/23/2009

Additional Information for 1710 Gales Street Ne, Washington, DC 20002

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.

Comparable Properties for 1710 Gales Street NE, Washington, DC 20002

Nearby Multifamily properties for saleSearch all commercial real estate for sale

Great Investment Opportunity
$1,400,000
7 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

Garden/Low-Rise
Sold 2Q 2007
Garden/Low-Rise
Sold 2Q 2008
Garden/Low-Rise
Sold 3Q 2004
Garden/Low-Rise
Sold 1Q 2004
Garden/Low-Rise
Sold 2Q 2004

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 - 1710 Gales Street NE

1710 Gales Street NE, Washington, DC, 20002