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722 Hamlin Street NEWashington, DC 20017MLS Number DCDC2110454

  • Price: $2,000,000
  • 21 Days on Market
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
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722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017722 Hamlin Street NE Washington DC 20017
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  • 0.07Acreage
  • 1937Year Built
  • 419Price Per Square Foot
  • 4Units
This building, situated in a prime location, boasts not just one or two units, but a total of seven separate units. With such a diverse range of spaces available, the potential for generating substantial rental income is immense. One of the standout features of this property is the exceptionally large lot it sits on. In an area where space is a premium, having such a generous lot size is a rarity. This opens up endless possibilities for future development, expansion, or even the addition of amenities to enhance the appeal of the property. The potential return on investment is strong and consistent. Location, as they say, is everything, and this property hits the mark perfectly. It is conveniently located just blocks away from Catholic University, a renowned institution that draws students, faculty, and visitors from all over. The proximity to such a prestigious educational institution ensures a steady flow of potential tenants, ensuring high occupancy rates and consistent rental income. Moreover, being in close proximity to Catholic University means that amenities such as shops, restaurants, and public transportation options are readily available. This makes it an ideal spot for individuals seeking a convenient and vibrant lifestyle, further increasing the property's attractiveness. Whether you are an experienced investor looking to diversify your portfolio or someone venturing into real estate for the first time, this building presents an outstanding opportunity. The combination of seven separate units, a large lot, and an enviable location ensures a winning venture for any savvy investor. There is a sister building that may also be available in the immediate vicinity.
Listed by Mark Svrcek and Richard Dare Inman, Trust Realty Services,LLC

Driving Directions

Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Assigned Parking Spaces
  • Parking TypesOther

Basic Information

  • Date Listed09/08/2023

Location

  • Address722 Hamlin Street NE
  • Building Number722
  • CountyWashington
  • DirectionsFrom Sargent Rd, turn right onto Crittenden St NE, Turn left onto 12th St NE, Turn right onto Michigan Ave NE, Turn left onto Seventh St NE, Turn left onto Hamlin St NE, Property is on your left.
  • In City Limits YNYes
  • StateDC
  • TownWashington
  • Zip20017

Interior

  • FlooringHardwood

Other

  • Soil TypesChillum-Urban Land Complex

Basic Information

  • Broker NameTrust Realty Services, LLC
  • List Price$2,000,000
  • MLS NumberDCDC2110454
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot419
  • StatusACT
  • Units4

Building

  • Building Area SourceEstimated
  • Building Area Total4768
  • Construction MaterialsBrick
  • FoundationSlab
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces2
  • Year Built1937

Utilities

  • CoolingNone
  • Heat SystemHot Water
  • Heating FuelNatural Gas, Oil
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2022
  • City Town Tax2128
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount977560
  • Tax Lot11 & 12
  • Tax Year2022
  • Taxes$2,128
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.07
  • Business TypeApartment Building
  • Lot Size SourceEstimated
  • Lot Size Square Feet3,030
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningRF-1

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Copyright 2023 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 28, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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