Active

747 10th St SE

Washington DC, 20003

$2,430,000


$302.24 per sqft

Active

8,040 sqft

Commercial

Built in 1912

747 10th Street SE is a 9-unit multifamily asset in the Capitol Hill neighborhood of Washington, DC. The Property is a short walk from Eastern Market (0.5 miles away), Barracks Row (0.2 miles away) and Navy Yard (0.7 miles away), offering a wide array of shopping, dining, grocers, public parks, and entertainment options. The asset is also metrocentric, with the Eastern Market Metro Station located just a 6-minute walk away.

The Property consists of approximately 8,040 gross square feet within a four-story brick building with nine (9) units consisting of three (3) one-bedroom units in the lower level, two (2) two-bedroom units, and four (4) two-bedroom plus den units on the top three floors. The Property's existing high level of physical vacancy (7 units or 77.7%) 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.

The rear yard can be accessed via a public alleyway, which creates the opportunity to accommodate 3-4 off-street parking spaces at the Property. Also, the asset features a multilevel covered deck off the rear which provides amenity space for building residents.

When fully occupied, the asset can generate $18,000+ in monthly rental income.

DCDC2159648

MLS ID

September 17, 2024

Listed

November 22, 2024

Updated

Map

747 10th St SE
Washington DC, 20003

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.07 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$17,234


Tax Frequency

Annually


Days on Market

3


Garage

No


Parking Total

3


View

No


County

WASHINGTON


Water Source

Public


Pool

No

Listed by Horvath & Tremblay MD, LLC
Listing Contact: 2025343003 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/22/2024. 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 11/22/2024 at 3:49 AM UTC

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