330 5TH ST SE Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20003
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,150 sqft
Price per Sqft $421
MLS Listing ID DCDC2154718
Style Other
Abv Grd Liv Area 4,150
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $14,847
Tax Year 2023
Lot Size 1,147 Sqft
Acres 0.03
Property Description
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.
Location
State DC
County Washington
Zoning RF-1
Interior
Hot Water Multi-tank
Heating Baseboard - Electric,Central
Cooling Central A/C,Window Unit(s)
Heat Source Electric,Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0844//0039
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard