1. District of Columbia
2. Washington
3. 1701 E ST NE

1701 E ST NE, Washington, DC 20002

Property Description

An exceptional opportunity to acquire a rarely available, turn-key six-unit apartment building in the thriving Rosedale neighborhood of Capitol Hill. Built in 2008 and offering approximately 8,088 rentable square feet on a prominent corner lot with dedicated parking, this well-maintained asset provides investors immediate in-place income with upside potential through lease-up and market rent growth. Each of the six spacious three-bedroom units averages 1,300 square feet and features separate metering, individual circuit panels, central air conditioning, water heaters, and in-unit laundry. The building includes hardwood floors, double-pane windows, and dedicated parking for residents. The current annual income is over $292,000 as a fully occupied building, representing an average market rent above $4,000 per unit per month. This REO property is ideally positioned along the rapidly redeveloping H Street and Benning Road corridors. The location benefits from strong transit connections via multiple bus lines and the H Street Trolley, with easy access across the city and a wide range of shopping and dining options. Notably, the asset is just minutes from the site of the future Washington Commanders stadium at the old RFK Stadium grounds, which is expected to further catalyze redevelopment and enhance neighborhood appeal.

Listing Status:

Active

Listing Office:

Marcus & Millichap Real Estate : 2025363700

Listing Agent:

Lorenzo M Wooten Jr. : 2025363742

MLS ID:

DCDC2213692

Interior

• Flooring: Hardwood
• A/C: Central A/C
• Heating: CentralElectric
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Lorenzo M Wooten Jr., Marcus & Millichap Real Estate