$ 1,950,000
-
$1,950,000
Price -
7,506
SqFt -
0.05
Acre
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About the Listing KWCP1 - 3032226
Nine-unit multifamily investment opportunity in historic Capitol Hill with existing cash flow and value-add potential. 9% cap on the pro forma NOI of $175,000. This approximately 7,400 SF building features spacious one- and two-bedroom apartments, four rear parking spaces, and two vacant units offering immediate lease-up potential. Five units have been converted to two-bedroom layouts, with an opportunity to convert the remaining four as units turn over. Tenants pay their own utilities. Conveniently located near Whole Foods (0.3 mi), Stanton Park (0.3 mi), Union Station (0.7 mi), and the H Street corridor, 525 7th St NE offers rental upside in an established neighborhood.
Listing Highlights for 525 7th St NE
Status
Active
Days on Site
158
Property Type
Commercial Sale
MLS ®
DCDC2266894
Year Built
1954
Total Square Footage
7,506
Lot/Acreage
0.05
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: RF-1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $12,543
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
525 7th St NE Washington, DC 20002
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