330 5TH ST SE, Washington, DC 20003 - MLS#DCDC2154718

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Adam Ferst

[email protected] +1(202) 421-5500

$1,750,000

Est. payment - /mo

4,150 SqFt

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UPDATED:

10/25/2024 01:02 AM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,150 sqft

Price per Sqft $421

MLS Listing ID DCDC2154718

Style Other

Abv Grd Liv Area 4,150

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $14,847

Tax Year 2023

Lot Size 1,147 Sqft

Acres 0.03

Property Description

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 property’s 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 building’s 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.

Location

State DC

County Washington

Zoning RF-1

Interior

Hot Water Multi-tank

Heating Baseboard - Electric, Central

Cooling Central A/C, Window Unit(s)

Heat Source Electric, Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 0844//0039

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Listed by Christian Barreiro • Horvath & Tremblay MD, LLC

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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