807 A St NE
6 Unit Apartment Building $1,750,000 ($291,667/Unit) Washington, DC 20002
Investment Highlights
- Near public transportation.
Executive Summary
Great opportunity to own a multi-family property in the heart of DC. Please contact the listing broker for additional details.
Data Room Click Here to Access
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,582 | $17.15 |
Other Income | $15,642 | $2.69 |
Vacancy Loss | - | - |
Effective Gross Income | $115,224 | $19.85 |
Taxes | $18,672 | $3.22 |
Operating Expenses | $58,639 | $10.10 |
Total Expenses | $77,311 | $13.32 |
Net Operating Income | $37,913 | $6.53 |
Property Facts Under Contract
Price | $1,750,000 |
Price Per Unit | $291,667 |
Sale Type | Investment |
Sale Conditions | Deferred Maintenance |
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.08 AC |
Building Size | 5,805 SF |
Average Occupancy | 83% |
No. Stories | 3 |
Year Built | 1954 |
Site Amenities
- 24 Hour Access
1 of 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (86)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
Parcel Number | 0919-0806 | Total Assessment | $1,907,600 (2024) |
Land Assessment | $1,046,890 (2024) | Annual Taxes | $18,672 ($3.22/SF) |
Improvements Assessment | $860,710 (2024) | Tax Year | 2022 |
zoning
Zoning Code | RF-1 (Residential zoning) |