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747 10th St
For Sale $2,430,000
$2,430,000
- 9 Units
- Unknown Sq Ft
- 3,010 Sq Ft
- Unknown Cap Rate
Description
747 10th Street SE is a 9-unit multifamily asset in the Capitol Hill neighborhood of Washington, DC. The Property is a short walk from Eastern Market (0.5 miles away), Barracks Row (0.2 miles away) and Navy Yard (0.7 miles away), offering a wide array of shopping, dining, grocers, public parks, and entertainment options. The asset is also metrocentric, with the Eastern Market Metro Station located just a 6-minute walk away.
The Property consists of approximately 8,040 gross square feet within a four-story brick building with nine (9) units consisting of three (3) one-bedroom units in the lower level, two (2) two-bedroom units, and four (4) two-bedroom plus den units on the top three floors. The Property’s existing high level of physical vacancy (7 units or 77.7%) presents investors with the opportunity to add value immediately and capitalize on the broad range of renters that seek out Capitol Hill for housing including Capitol Hill
staffers, lobbyists, trade associations, universities, student/interns, just to name a few.
The rear yard can be accessed via a public alleyway, which creates the opportunity to accommodate 3-4 off-street parking spaces at the Property. Also, the asset features a multilevel covered deck off the rear which provides amenity space for building residents.
When fully occupied, the asset can generate $18,000+ in monthly rental income.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,430,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1912 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 0950//0053 |
| MLS # | DCDC2159648 |
| Property ID | 320856736 |
| Lot Sqft | 3,010 |
| Zoning | RF-1 |
| Total Units | 9 |
| Days on Market | 67 |
| Original List Price | Unknown |
| Date Updated | September 19, 2024 |
| Date Created | September 16, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Christian Barreiro an agent of .
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Data last updated: November 22, 2024.
Robert Crawford
REAL ESTATE AGENT