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Marjorie Dick Stuart

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5024 H St Se, WASHINGTON, DC – $675,000

  • $675k Price
  • 3,250 Sqft
  • .16 Acres
  • 176 DOM
  • $675k Price
  • 3,250 Sqft
  • .16 Acres
  • 176 DOM

5024 H St Se

Motivated seller, bring an offer! Renovated turnkey five unit building for sale in Marshall Heights. Pro forma cap rate is 9.5%. Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), and unit 5 (2 bedroom/1 bath, $,1,757/month). Units 3 and 4 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant units and unit 5 was leased out in November 2024 at that rent. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units and renovated and feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6,758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!

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Essential Information

  • MLS® #DCDC2151410
  • Price$675,000
  • Bathrooms0.00
  • Square Footage3,250
  • Acres0.16
  • Year Built1944
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address5024 H St Se
  • SubdivisionMARSHALL HEIGHTS
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20019

Interior

  • HeatingCentral
  • CoolingCentral A/C

Exterior

  • ExteriorBrick and Siding

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedJuly 21st, 2024
  • Days on Market176
  • ZoningR-2

Listing Details

Office

Keller Williams Capital Properties

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Price Change History for 5024 H St Se, WASHINGTON, DC (MLS® #DCDC2151410)

Date Details Price Change
Price Reduced (from $774,900) $675,000 $99,900 (12.89%)

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Listing information last updated on January 12th, 2025 at 3:20am CST.