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Welcome to 1701 E Street NE, a unique investment opportunity in a rarely available turn-key 6-Unit 8088 SF Building on Corner Lot with Parking and Strong Cash-flow. Total annual income just over $291K ($24K + monthly), average unit income just over $4049 / month, utilities currently included. Ideal to complete 1031 exchange transactions, TOPA is cleared and a quick closing is possible. Each separately metered unit has an independent circuit panel, CAC, HWH, Laundry and Parking. Relatively new construction (2008) with more recent updates, hardwood floors and double pane windows. Located in the popular Rosedale neighborhood of Capitol Hill along the bustling H Street and Benning Road development corridors. Walk to Rosedale Recreation Center, Pool and Library, Safeway, CVS, Ross, with many shopping and dining options nearby. Bus Lines and Trolley to Locations across the City, Near Future Hechinger Mall & RFK Stadium Development! 86 WALKSCORE, 99 BIKESCORE. Offers encouraged, submit your LOI today.
| DAYS ON MARKET | 12 | LAST UPDATED | 12/13/2024 |
|---|---|---|---|
| TRACT | KINGMAN PARK | YEAR BUILT | 2008 |
| COUNTY | WASHINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Brick, Frame |
| HEAT | Central, Natural Gas |
| LOT | 4356 sq ft |
| SEWER | Public Sewer |
| STORIES | 3 |
| SUBDIVISION | KINGMAN PARK |
| TAXES | 7567 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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