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5024 H STREET SE
WASHINGTON DC 20019 US

$675,000

Active Listing ID DCDC2151410
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Lot: 0.16 Acres
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Other

$675,000

Active Listing ID DCDC2151410
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5024 H STREET SE Motivated seller, big price drop. Turnkey standalone five unit building for sale in Marshall Heights. Pro forma cap rate is 9.5%. Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Two occupied units: unit 1 (2 bedroom/1 bath, $1, 472/month) and unit 2 (1 bedroom/ 1 bath, $1, 525/month). Units 3, 4, and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1, 757/month for the vacant units. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6, 758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Heating Fuels: Central Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 675000
  • unparsedaddress: 5024 H STREET SE
  • postalcity: WASHINGTON
  • stateorprovince: DC
  • country: US
  • postalcode: 20019
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.16
  • lotsizeunits: Acres
  • lotsizearea: 0.16
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 38.87877
  • longitude: -76.93051
  • listagentfullname: Stefan Rosu
  • listagentemail: stefanrosu@kw.com
  • listagentkey: 3yd-TRENDPA-3032226
  • listagentmlsid: 3032226
  • listagentpreferredphone: 2022437700
  • listagentofficephone: 2022437700
  • listofficekey: 3yd-TRENDPA-KWCP1
  • listofficemlsid: KWCP1
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1944
  • listingcontractdate: 2024-07-21
  • countyorparish: WASHINGTON
  • cooling: Central A/C
  • constructionmaterials: Brick
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: 2+ Access Exits
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -76.93051, 38.87877
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Capital Prop.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stefanrosu@kw.com", "ListBrokerageCity":"WASHINGTON", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@kwcapitalproperties.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Capital Prop.", "ListBrokeragePhone":"(202) 243-7700", "ListBrokeragePostalCode":"20002", "ListBrokerageStateOrProvince":"DC", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"519 C ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"519 C STREET NE", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Washington", "ListOfficeCountry":"US", "ListOfficeEmail":"info@kwcapitalproperties.com", "ListOfficePostalCode":"20002", "ListOfficeStateOrProvince":"DC", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - WASHINGTON, DC", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/DCDC2151410/?channel=rexren", "MLSModificationTimestamp":"2024-09-10T13:12:59Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3489.68, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:38:34 AM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Stefan Rosu, Keller Williams Capital Properties, stefanrosu@kw.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.