Pending
330 5th St SE
Washington DC, 20003
$1,750,000
$421.69 per sqft
Pending
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
November 1, 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
72
Garage
No
Parking
On Street
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/25/2024 | Pending | — |
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 11/1/2024. 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 11/1/2024 at 3:10 AM UTC
