201 57th St Ne, WASHINGTON
$999,999 - 4,060 Sf
MLS® # DCDC2128208
610 Eastern Ave Ne, WASHINGTON
$900,000
0 Bed
0 Bath
3,705 Sqft
.09 Acre
0 Parking
Discover the potential at 610 Eastern Ave NE, where a well-situated 6-unit multifamily building awaits your investment savvy. Located on Eastern Ave, boasting access to all 6 Metro lines, this property offers unbeatable convenience. Featuring a well-balanced unit mix with 3 generous 2-bedroom units and 3 comfortable 1-bedroom units, this property is already equipped with washer/dryer and dishwasher in each unit, enhancing its appeal to tenants. 1 of the 6 units is vacant, with current gross income (under market) coming in at $6477/month. There's a golden opportunity to renovate and potentially increase gross annual rents by up to $125,000, especially by considering the conversion of 1-bedroom units into 2-bedroom layouts. Units are separately metered and cost is minimized with shared water services. Plus, benefit from the ongoing redevelopments in the neighborhood, positioning this property as a smart addition to your real estate portfolio. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. It’s on a seemingly endless array of “best of” real estate lists, with Redfin naming it one of “10 hottest neighborhoods in the COUNTRY”. Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. This is your chance to secure an investment with both immediate returns and promising long-term growth.
Essential Information
MLS® #DCDC2116454
Price$900,000
Bathrooms0.00
Square Footage3,705
Acres0.09
Year Built1952
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address610 Eastern Ave Ne
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20019
Interior
HeatingForced Air
CoolingOther
Exterior
ExteriorBrick and Siding
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
ZoningUNK
Condo Fees$0
HOA Fees$0
Listing Details
OfficeSamson Properties
Office Contact(571) 921-9755
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Listing information last updated on April 28th, 2024 at 11:15pm EDT.
