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 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2024 at 6:59 AM UTC

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