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245-249 8th St NE
Washington, DC 20002
Multifamily Property For Sale
·
13 Units
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present the following opportunity in the Capitol Hill neighborhood of Washington, D.C. 245-249 8th Street NE is an 13-unit apartment property conveniently located on the corner of 8th Street NE and C Street NE in the Capitol Hill Historic District.
PROPERTY FACTS
| Price Per Unit | $307,692 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 2.85% | Building Size | 7,200 SF |
| No. Units | 13 | Average Occupancy | 54% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1987 |
| Apartment Style | Low-Rise | Parking Ratio | 0.56/1,000 SF |
| Zoning | RF-1 | ||
| Price Per Unit | $307,692 |
| Sale Type | Investment |
| Cap Rate | 2.85% |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 54% |
| No. Stories | 4 |
| Year Built | 1987 |
| Parking Ratio | 0.56/1,000 SF |
| Zoning | RF-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Bay Window
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Intercom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 13 | - | 750 |
PROPERTY TAXES
| Parcel Number | 0917-0119 | Improvements Assessment | $1,970,060 |
| Land Assessment | $536,430 | Total Assessment | $2,506,490 |
PROPERTY TAXES
Parcel Number
0917-0119
Land Assessment
$536,430
Improvements Assessment
$1,970,060
Total Assessment
$2,506,490
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