4559-4569 Benning Rd SE - Apartments FOR SALE


Washington, DC 20019- Fort Dupont
$2,750,000 USD
571-223-9775
4559-4569 Benning Rd SE, Washington, DC for Sale
$2,750,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

4559-4569 Benning Rd SE
Washington, DC 20019
Fort Dupont


OVERVIEW

Three building, 35-Unit Vacant Multifamily Property 4559–4569 Benning Road SE and 4480 C Street SE, Washington, DC 20019 Commonly Known as Bennington Apartments Offered for sale by Bankruptcy Trustee, 4559–4569 Benning Road SE and 4480 C Street SE comprise three adjacent multifamily apartment buildings located in the Fort Dupont neighborhood of Southeast Washington, DC. Each of the three-level buildings contain four units per level, totaling twelve (12) units per building with one exception; 4569 Benning Rd SE has eleven (11) units and one basement level utility room. There are thirty-five (35) rentable apartments overall, consisting of a majority of 2BR/1BA and some 3BR/1BA apartments. A rear, surface parking lot with approximately 24 spaces serves all three buildings. According to a recent third-party report, the property was built in 1965 and renovated in 2021, with approximately 25,434 rentable square feet, on a lot size of 28,485 SF (0.65 acres). The units are said to average 700-800 SF, but we have not been able to verify the complete Bedroom and Bathroom count, nor Square Footage. TOUR DATES: Wednesday, May 13, 11 am - 1 pm Thursday, May 21, 11 am - 1 pm All three buildings will be sold together and are currently vacant and boarded, creating a rare opportunity for an investor or developer to execute a comprehensive renovation, repositioning, or redevelopment strategy without the challenges of in-place tenancy and resident relocation. The property is located along the Benning Road corridor in the Fort Dupont area, a community that has experienced continued public infrastructure investment and neighborhood revitalization. The location offers convenient access to mass transit, including the nearby Benning Road Metro station (Blue and Silver lines) just 0.3 miles away, multiple Metrobus stops within walking distance, and major commuter routes such as Benning Road, Minnesota Avenue, and East Capitol Street providing direct connectivity to Downtown DC, Capitol Hill, and major employment centers. Recreational amenities include Fort Dupont Park, Kenilworth Park & Aquatic Gardens, and the Anacostia Riverwalk Trail. Entertainment, dining, and cultural destinations in Capitol Hill, Navy Yard, and Downtown DC are easily accessible. This offering represents a compelling opportunity for investors to acquire a sizable 35-unit multifamily asset with parking, strong transit access in Washington, DC, and no acquisition TOPA constraints. All sales are subject to the approval of the US Bankruptcy Court and H. Jason Gold, Trustee. TOUR DATES: • Wednesday, May 13, 11 am - 1 pm • Thursday, May 21, 11 am - 1 pm Property Highlights • Three adjacent multifamily buildings sold together • 35 total apartment units (12 units in two buildings, 11 units plus utility room in the third) • Three-story construction • Rear on-site parking lot serving all buildings • Vacant – ideal for value-add or redevelopment without TOPA constraints • Strong long-term demand for renovated rental housing in the area Transit & Accessibility • Minutes to the Benning Road Metro Station (Blue/Silver Lines) • Easy access to East Capitol Street, Minnesota Avenue, and DC-295 • Convenient commuting to Downtown DC, Capitol Hill, Navy Yard, and Anacostia Nearby Amenities & Employment Centers • Close proximity to RFK Stadium redevelopment area • Short drive to Capitol Hill, Union Market, and Navy Yard • Near neighborhood retail, grocery options, parks, and community services • Access to major employment hubs including Downtown DC, federal offices, and healthcare facilities

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

35

PRICE/UNIT

$78,571

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bennington Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,485 SF

ZONING

R-2

APN/PARCEL ID

5351-0085

ASK ABOUT THIS PROPERTY

Stephanie YoungCentury 21 Commercial New MillenniumMore Info
571-223-9775

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Stephanie YoungCentury 21 Commercial New MillenniumMore Info
571-223-9775

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