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4242 6TH Street SE

WASHINGTON, DC 20032
  • $799,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: DCDC2137128
UPDATED: 48 min ago
$799,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1953
County:

School Ratings & Info

Description

Well maintained asset 5 unit Multi Family property, Each unit feature 2bedrooms and 1bath. Full occupancy annual gross rent of $93,420 and about 25% operating expenses, should leave the new owner with an estimate $70,065 NOI, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6228 from the occupied 4 units. Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.

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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: 2024-05-20T16:59:01.583.
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4242 6TH Street SE WASHINGTON, DC 20032

  • Price: $799,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 48 min ago
  • ID#: DCDC2137128
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1953
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Well maintained asset 5 unit Multi Family property, Each unit feature 2bedrooms and 1bath. Full occupancy annual gross rent of $93,420 and about 25% operating expenses, should leave the new owner with an estimate $70,065 NOI, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6228 from the occupied 4 units. Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.
Exterior Features

Construction Materials Brick Garage YN No Parking Features Private Parking Types Parking Lot Soil Types Urban Land Not Rated Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3185.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 6108.00

Property Features

Acceptable Financing CashConventionalFHA Accessibility Features None Annual Gross Expense 17748.00 Central Air YN Yes Cooling Fuel Electric Gross Income 74736.00 Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 56988.00 New Construction YN No Number Of Units Total 5 Original MLSNumber 802995440372 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3764.00 Tax Lot 52 Total Actual Rent 74736.00 Vacation Rental YN No Water Source Public Zoning R-3

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: 2024-05-20T16:59:01.583.
 
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46161 Westlake Drive, Suite 340
Sterling VA, 20165