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5024 H Street SE

WASHINGTON, DC 20019
  • $675,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: DCDC2151410
UPDATED: 189 min ago
$675,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1944
County:

School Ratings & Info

Description

Motivated seller, bring an offer! Renovated turnkey 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. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), and unit 5 (2 bedroom/1 bath, $,1,757/month). Units 3 and 4 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant units and unit 5 was leased out in November 2024 at that rent. 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 and renovated and 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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-08T23:50:37.2.
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5024 H Street SE WASHINGTON, DC 20019

  • Price: $675,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 189 min ago
  • ID#: DCDC2151410
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1944
Built
Neighborhood:
Marshall Heights
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Motivated seller, bring an offer! Renovated turnkey 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. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), and unit 5 (2 bedroom/1 bath, $,1,757/month). Units 3 and 4 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant units and unit 5 was leased out in November 2024 at that rent. 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 and renovated and 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!
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4500.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 3250.00

Property Features

Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 5 Original MLSNumber 803236183550 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public SepticPublic Sewer Tax Annual Amount 3490.00 Tax Lot 39 Vacation Rental YN No Water Source Public Zoning R-2

Listing courtesy of Keller Williams Capital Properties: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-08T23:50:37.2.
 
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