5024 H St SE | Washington, DC 20019
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- LoopNet Team
5024 H St SE
Washington, DC 20019
Multifamily Property For Sale · 5 Units
INVESTMENT HIGHLIGHTS
- 80% Occupied, 100% Covered by Voucher Program
- Underutilized Basement Space
- Sale Price is Below Replacement Cost
- All Units Renovated, Turnkey Investment
- Large Lot (6,758 SF, R-2 Zoning)
- Strong Pro Forma NOI, 9.6% Cap Rate
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Apartment | Average Occupancy | 80% |
| Apartment Style | Low Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1944 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1944 |
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 650 |
| 1+1 | 1 | - | 650 |
PROPERTY TAXES
| Parcel Number | 5341-0039 | Improvements Assessment | $199,328 |
| Land Assessment | $394,533 | Total Assessment | $593,861 |
PROPERTY TAXES
Parcel Number
5341-0039
Land Assessment
$394,533
Improvements Assessment
$199,328
Total Assessment
$593,861
ZONING
| Zoning Code | R-2 |
| R-2 |
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