1701 E St NE | Washington, DC 20002
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- LoopNet Team
1701 E St NE
Washington, DC 20002
REO Property - Renovated -8.41% CAP Rate · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Relatively new construction with more recent upgrades, featuring hardwood floors, double-pane windows, and in-unit washers/dryers.
- Current annual income of $292,440 and an average market rent over $4,000 per unit per month.
- Well-served by multiple bus lines and the H Street Trolley, with future growth nearby at the Hechinger Mall site with the future Washington Commanders
- Six spacious three-bedroom units averaging 1,300 SF each — each unit separately metered with individual circuit panels, central A/C, water heaters, an
- Prime Rosedale location along the rapidly redeveloping H Street and Benning Road corridor
- Current CAP Rate - 8.45%
PROPERTY FACTS
| No. Units | 6 | Building Size | 8,088 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 2008/2015 |
| Building Class | C | Parking Ratio | 0.49/1,000 SF |
| Lot Size | 0.09 AC | ||
| Zoning | RF-1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 8,088 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2015 |
| Parking Ratio | 0.49/1,000 SF |
| Zoning | RF-1 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Double Pane Windows
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 3 | $3,432 | 1,300 |
| 3+2 | 3 | $4,022 | 1,300 |
PROPERTY TAXES
| Parcel Number | 4546-0139 | Improvements Assessment | $358,590 |
| Land Assessment | $577,250 | Total Assessment | $935,840 |
PROPERTY TAXES
Parcel Number
4546-0139
Land Assessment
$577,250
Improvements Assessment
$358,590
Total Assessment
$935,840
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