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610 Eastern Avenue NeWashington, DC 20019MLS Number DCDC2116454

  • Price: $900,000
  • 128 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 2024
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610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019610 Eastern Avenue Ne Washington DC 20019
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  • 0.09Acreage
  • 1952Year Built
  • 243Price Per Square Foot
  • 6Units
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.
Listed by Khaled Al hajbeh and Ahmad Omar Azzarkani, Samson Properties

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

  • Parking TypesOther

Basic Information

  • Date Listed10/19/2023

Location

  • Address610 Eastern Avenue Ne
  • Building Number610
  • CountyWashington
  • Directionssee gps
  • In City Limits YNYes
  • StateDC
  • TownWashington
  • Zip20019

Utilities

  • CoolingOther
  • Cooling FuelElectric
  • Heat SystemForced Air
  • Heating FuelOther
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterOther
  • Water SourcePublic

Basic Information

  • Broker NameSamson Properties
  • List Price$900,000
  • MLS NumberDCDC2116454
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot243
  • StatusACT
  • Units6

Building

  • Building Area SourceAssessor
  • Building Area Total3705
  • Construction MaterialsBrick
  • Year Built1952
  • Year Built Effective2006

Other

  • Soil TypesUnknown
  • View Count2

Tax Information

  • Assessment Year2022
  • City Town Tax$4,070
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$487,600
  • Tax Lot46
  • Tax Year2022
  • Taxes$4,070
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.09
  • Business TypeApartment Building
  • Lot Size SourceAssessor
  • Lot Size Square Feet3,750
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningUNK

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Copyright 2024 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 February 23, 2024. 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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