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1704 Gales St NE
Washington, DC 20002
Cash Flowing Apartment Building · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 5,780 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1937/2011 |
| Apartment Style | Low-Rise | Parking Ratio | 0.35/1,000 SF |
| Lot Size | 0.60 AC | ||
| Zoning | R-4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.60 AC |
| Building Size | 5,780 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1937/2011 |
| Parking Ratio | 0.35/1,000 SF |
| Zoning | R-4 |
ABOUT 1704 GALES ST NE , WASHINGTON, DC 20002
Marcus & Millichap is pleased to exclusively represent the ownership in the sale of 1704 Gales Street NE. The property is a two-story mid-rise style apartment building located in the Kingman Park neighborhood on the outskirts of Capitol Hill in Northeast Washington DC. Built in 1936 and completely renovated in 2011, the property contains four apartments units comprised of two five bedrooms/two bathroom units on the main and second level. It also includes two one bedroom/one bathroom units on the lower level. Tenants pay for the separately metered electric and gas within their units. The landlord pays the water only. 1704 Gales St is comprised of 5,780 SF, as the lower level was converted to apartment use. Zoned RF-1. Each unit is subsidized through the DC Housing Choice Voucher Program (DCHCVP).
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+2 | 2 | $2,600 | 1,700 |
| 2+1 | 2 | $1,595 | 700 |
PROPERTY TAXES
| Parcel Number | 4511-0033 | Improvements Assessment | $907,240 |
| Land Assessment | $484,870 | Total Assessment | $1,392,110 |
PROPERTY TAXES
