330 5th St SE
Capitol Hill, Washington, DC 20003
$1,750,000
Description
330 5th St SE,
Washington,
DC
20003
PRICE REDUCTION. 330 5th Street SE consists of approximately 4,150 gross square feet within a four-story (no basement) brick building with six (6) units consisting of one (1) studio, three (3) one bedroom units, and two (2) two bedroom units, five of which feature outdoor space or a balcony. The propertys existing high level of physical vacancy (4 of 6 units or 66.6%) 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. 330 5th Street SE can achieve over $13,000 in monthly rental revenue in Year One. Also, the buildings units are separately metered for electric (100-amp service per unit) and gas, with each of these respective expenses being paid by the tenants. The building is located less than a half-mile from two Metro Stations, Eastern Market Station (2 blocks away) and Capitol South (5 blocks away) The TOPA process has already been completed.
Listing By: Horvath & Tremblay MD, LLC via Data Source: Bright MLS
2845406-DCDC2154718
MLS ID
Price History
date | price | variance | type |
---|
10/24/2024 | $1,750,000 | - | Contract |
9/19/2024 | $1,750,000 | 5.41 % | decreased |
8/14/2024 | $1,850,000 | - | Listed |
listing agent: Christian Barreiro