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4427 Hunt Pl NE
Washington, DC 20019
Multifamily Property For Sale · 2 Units

PROPERTY FACTS

No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Lot Size 0.04 AC
Building Size 2,700 SF
Average Occupancy 100%
No. Stories 3
Year Built 1927
Zoning R-2

ABOUT 4427 HUNT PL NE , WASHINGTON, DC 20019

Updated Deanwood 2-unit with redevelopment potential across (2) lots at a 6.5% cap rate! Both units are separately metered, and rented out via the DCHA voucher program for $2,045/month (lower unit) and $2,005/month (upper unit), for a total of $48,600 gross operating income, with annual operating expenses of approximately $7,400. All leases are currently month-to-month. The sale will include lots #20 (1,832 SQF) and #21 (1,945 SQF) for total of 3,777 lot SQF (R-2 zoning). Unit 1 features 4BR/1BA, Unit 2 includes 4BR+Den/1BA, and both units maintain a finished basement. Both 2-level, updated units feature W/D, granite kitchen surfaces, and a large storage unit. There are (4) parking spaces provided along the side of the property. The property is located just 0.5 miles from the Minnesota Ave. Metro (Orange), and is sandwiched between two qualifying Opportunity Zones.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+1 2 $2,025 1,832 - 1,945

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5127-0020
  • 5127-0021
Land Assessment
$139,180
Improvements Assessment
$551,150
Total Assessment
$690,330
  • Listing ID: 16141468

  • Date on Market: 5/23/2019

  • Last Updated:

  • Address: 4427 Hunt Pl NE, Washington, DC 20019

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