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1701 E Street NE

WASHINGTON, DC 20002
  • $3,325,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: DCDC2171758
$3,325,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2008
County:

School Ratings & Info

Description

NEW YEAR, NEW PRICE - Now Reduced $200K - 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.

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©2025 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: 2025-02-07T23:51:49.757.
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1701 E Street NE WASHINGTON, DC 20002

  • Price: $3,325,000
  • Status: Active
  • On Site: 56 Days
  • ID#: DCDC2171758
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2008
Built
Neighborhood:
Kingman Park
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
NEW YEAR, NEW PRICE - Now Reduced $200K - 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.
Exterior Features

Construction Materials BrickFrameMasonry Garage YN No Parking Features PrivateSurface Parking Types Parking Lot Property Condition Excellent Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8088.00 Cooling Central A/C Flooring Hardwood Heating Central Heating YN Yes Net Square Feet 8088.00

Property Features

Acceptable Financing CashPrivateBank Portfolio Accessibility Features None Annual Gross Expense 67500.00 Central Air YN Yes Cooling Fuel Electric Cross Street 17th Electric 200+ Amp Service Elevators 0 Entry Level 1 Foundation Details Crawl Space Gross Income 291552.00 Heating Fuel Natural Gas Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N Net Operating Income 224052.00 New Construction YN No Number Of Units Total 6 Operating Expense Includes ElectricHeating/CoolingInsuranceManagement FeesSewerTrashWater Original MLSNumber 803527304964 Owner Pays All Utilities Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7567.00 Tax Lot 139 Total Actual Rent 291552.00 Transportation Airport less than 10 milesBus Stop less than 1 mileMetro/Subway Station less than 1 mileCommuter Rail Station 1 to 5 miles Vacation Rental YN No Water Source Public Year Built Effective 2008 Zoning RF-1

Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty: .


©2025 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: 2025-02-07T23:51:49.757.
 
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Pearson Smith Realty
46161 Westlake Drive, Suite 340
Sterling VA, 20165