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Listed by Stefan Rosu • Keller Williams Capital Properties
$ 1,950,000
Est. payment | /mo
2,214 Sqft Lot
$ 1,950,000
Est. payment | /mo
2,214 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2266894
Year Built 1954
Annual Tax Amount $12,543
Tax Year 2025
Lot Size 2,214 Sqft
Acres 0.05
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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.
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.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0892//0030
Ownership Fee Simple
Special Listing Condition Standard
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