1305 H St Ne

$2,000,000, 2,328 Sqft .02 Acres

About This Property

This is a mix use income producing property.Rent in this area for the same size 2beds and 2baths can range from$2500-$3100.you can live in the top floor and rent the 2nd unit or rent both units.Best deal in town don't miss this opportunity. You can also make more money by renting it as commercial many hair and nail salons did contacted us about a rental option if so rent can go up easily to $4,000 to $5,000 per month per unit as commercial. The main level currently reserved a spot for restaurant/Bar owner is working on permit if not the new owner can finalize the permit for restaurant use that will also generate another income rent in this area for restaurant/bar space is $45.00 - $55.00 per sqft. We have tenant moving in On July 1st for one unit paying $2,500 per month lease already executed $2,500x12=$30k per year and the second unit already have applicants. As a rental currently will make $5k per month=60k yr easily or more for the apartments. Previously both units were rented for $2,800 just this April,2019 tenants for both units moved out mother in law in one unit husband and wife was on the other unit. This area section 8 affordable housing unit for 2beds do qualify for $2,800 with out utility with utility $3,100 per month. Plus when the restaurant space is available that is another income. You do not have to worry about utilities it is separately metered water,electric,gas paid by tenants. Don't miss this opportunity best deal in town.

Essential Information

MLS® #DCDC430636
Price$2,000,000
Bathrooms0.00
Square Footage2,328
Acres0.02
Year Built1913
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive

Community Information

Address1305 H St Ne
CityWASHINGTON
CountyWASHINGTON-DC
StateDC
Zip Code20002

Interior

HeatingCentral
CoolingCentral A/C

Exterior

ExteriorBrick and Siding

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Date ListedJune 19th, 2019
Days on Market28
ZoningN-14

Listing Details

OfficeRE/MAX Allegiance

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.

Listing information last updated on July 16th, 2019 at 8:30pm CDT.

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