1850-1854 KENDALL ST NE Washington, DC 20002

239291225 38.91229 -76.98692 230 /listing/239291225-150081539/1850-1854-kendall-st-ne-washington-dc-20002 False 0 2600000.0 0 101 DCDC424068 False
  • $2,600,000
  • 0.35 lot
  • Est payment $13957.36/mo

Property & Neighborhood Info

Courtesy Of LUXURYDC, LLC.

Commercial in WASHINGTON

5.75% return with value-add potential! This 24-unit apartment building has it all - easy access to Ivy City, NOMA, Galludet, and Union Market. 5.75% cash return. Opportunity to use capital improvements for a 15-20% increase in rents. Strong neighbourhood investment trends. Property subject to TOPA and rent control.

Courtesy Of LUXURYDC, LLC.
  1. 0.35 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1965
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON
  • Taxes: $21,689.00
  • Tax Year: 2018
  • Units: 24
  • MLS Number:DCDC424068

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • Heat Pump(s)
  • Cooling Fuel:
    • Electric
  • Water Heater:
    • Electric
  • Building Area Source:
    • Estimated
  • Building Square Feet:
    • 22870.00
  • Business Type:
    • Apartment Building
  • New Construction:
    • No
  • Water Source:
    • Public
  • Soil:
    • Urban Land-Sassafras-Chillum
  • Waterfront:
    • No
  • Parking:
    • Surface
  • Heating:
    • Heat Pump(s)
  • Heating Fuel:
    • Electric
  • Sewer:
    • Public Sewer
  • Water Access:
    • No
  • Gross Income:
    • 253000.00
  • List Type (Exclusive):
    • Exclusive Agency
  • Net Operating Income:
    • 142000.00
  • Rental Features:
    • No
  • Assessment Year:
    • 2018
  • Cap Rate:
    • 5.75
  • Historic YN:
    • No
  • MLSSystem ID:
    • BRIGHT
  • Number Of Elevators:
    • 0
  • Possession:
    • Settlement
  • Price Per SQFT:
    • 113.69
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

Request More Info

Kendra McCourt
Kendra McCourt
Associate

1850-1854 KENDALL ST NE Washington, DC 20002

239291225 38.91229 -76.98692 230 /listing/239291225-150081539/1850-1854-kendall-st-ne-washington-dc-20002 False 0 2600000.0 0 101 DCDC424068 False
  • $2,600,000
  • 0.35 lot
  • Est payment $13957.36/mo