1. District of Columbia
2. Washington
3. 5024 H STREET

5024 H STREET, Washington, DC 20019

Property Description

Motivated seller, bring an offer! Seller financing available. Renovated turnkey five unit building for sale in Marshall Heights. Pro forma cap rate is 9%+ 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), unit 3 (2 bedroom/1 bath, $1,475/month) and unit 5 (2 bedroom/1 bath, $1,757/month). Units 4 and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant units. 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!

Listing Status:

Active

Date Added:

April 21, 2025 at 05:00AM

Listing Office:

Keller Williams Capital Properties : 2022437700

Listing Agent:

Stefan Rosu : 7032972730

MLS ID:

DCDC2196634

Interior

• A/C: Central A/C
• Heating: YCentralElectric
• Disability Feature: 2+ Access Exits

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Stefan Rosu, Keller Williams Capital Properties