1701 E ST NE, WASHINGTON,DC 20002

$2,650,000

1701 E ST NE, WASHINGTON, District Of Columbia 20002 - $2,650,000

0.10 Acre
Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

An exceptional opportunity to acquire a rarely available, turn-key six-unit
apartment building in the thriving Rosedale neighborhood of Capitol Hill. Built in 2008 and offering approximately 8,088 rentable square feet on a prominent corner lot
with dedicated parking, this well-maintained asset provides investors immediate in-place income with upside potential through lease-up and market rent growth.
Each of the six spacious three-bedroom units averages 1,300 square feet and features separate metering, individual circuit panels, central air conditioning, water
heaters, and in-unit laundry. The building includes hardwood floors, double-pane windows, and dedicated parking for residents. The current annual income is over
$292,000 as a fully occupied building, representing an average market rent above $4,000 per unit per month.
This REO property is ideally positioned along the rapidly redeveloping H Street and Benning Road corridors. The location benefits from strong transit connections via
multiple bus lines and the H Street Trolley, with easy access across the city and a wide range of shopping and dining options. Notably, the asset is just minutes from the
site of the future Washington Commanders stadium at the old RFK Stadium grounds, which is expected to further catalyze redevelopment and enhance neighborhood
appeal.

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $2,650,000
Year Built : 1936
Lot : 0.10 Acre
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Central
: Central a/c
: Paved parking

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
DC
WASHINGTON
WASHINGTON
20002
W77° 1' 10.1''
N38° 53' 45.4''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
8,088 Sq.Ft
: Rf-1
: Hardwood
: Crawl space
N
: Negotiable
Public Sewer
: Public
$0
327.65
2024
7567
N

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 981-5923

    rick@virginiaestates.com







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    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Marcus & Millichap Real Estate represents the interest of the seller 2025363700 DCDC2213692. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.