Active
330 5th St SE
Washington DC, 20003
$1,750,000
$421.69 per sqft
Active
5 Beds
4,150 sqft
Other
Built in 1890
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.
DCDC2154718
MLSⓇ ID
August 14, 2024
Listed
October 2, 2024
Updated
Map
330 5th St SE
Washington DC, 20003
Interior Features
Bedrooms
5
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Central, Electric, Natural Gas
Exterior/Building Features
Lot Size
0.03 Acres
Architectual Style
Other
Sewer
Public Sewer
School Information
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Details
Taxes
$14,847
Tax Frequency
Annually
Days on Market
37
Garage
No
Parking
On Street
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/18/2024 | Price change | $1,750,000 -6% |
Listed by Horvath & Tremblay MD, LLC
Listing Contact: 2025343003
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Data last updated on 10/2/2024 at 6:59 AM UTC