1520-1524 Queen St NE - Apartments FOR SALE


Washington, DC 20002- Capitol Hill
$840,000 USD
202-577-5000
1520-1524 Queen St NE, Washington, DC for Sale
$840,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1520-1524 Queen St NE
Washington, DC 20002
Capitol Hill


HIGHLIGHTS

  • 2 parking spots
  • All units have private exterior entrances
  • Central air in all units
  • Walkable to H Street Light Rail Line

OVERVIEW

Multi-Family investment opportunity in the heart of the emerging Union Market / Trinidad development. This 4-unit building uniquely spans 1520, 1522 and 1524 Queen Street NE on one of the quietest blocks in Trinidad. Each of the buildings 4 units is over 600 square feet and have Central Air Conditioning. Two of the units convey with parking. The prior owner used one of the units as their personal residence and the building has been exceptionally well managed, which presents a unique opportunity for a thoughtful owner-occupant/investor to live in one of the units while the income from the other rentals cover the cost of ownership. The South-facing building is semi-detached which floods each apartment natural light while also creating options for future development and vertical expansion.

FOR SALE DETAILS

PRICE

$840,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

4

PRICE/UNIT

$210,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,047 SF

ZONING

RF-1

APN/PARCEL ID

4076-0258

ASK ABOUT THIS PROPERTY

Tim BarleyBarley & Barley Real EstateMore Info
202-577-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tim BarleyBarley & Barley Real EstateMore Info
202-577-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.