500 9th St SE - Apartments FOR SALE


Washington, DC 20003- Capitol Hill
$3,250,000 USD
202-263-9200
500 9th St SE, Washington, DC for Sale
$3,250,000 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

500 9th St SE
Washington, DC 20003
Capitol Hill


HIGHLIGHTS

  • One Block to Barracks Row
  • Two Blocks to Eastern Market/Metro
  • Offered Vacant and Move in Ready

OVERVIEW

A rare opportunity to own a remarkable piece of Washington history. Built in 1848 as a grand private residence, the property was designed by an Italian architect for a U.S. Navy Admiral stationed at the neighboring Naval Hospital. Offered vacant and move-in ready, the building presents exceptional flexibility for investors or developers pursuing a buy-and-hold strategy or condominium conversion, while also offering the rare chance to restore the property to its original and magnificent single-family primary residence. Spanning three levels, the property currently comprises six residential units, including one one-bedroom/one-bath residence, three two-bedroom/one-bath residences, and two two-bedroom/two-bath residences. The property is completely vacant. Ideally positioned just one block from Barracks Row and two blocks from Eastern Market Metro, the location offers walkable access to Eastern Market, Capitol Hill offices, the Library of Congress, and Pennsylvania Avenue, with downtown and Reagan National Airport only minutes away.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$678 USD /SF

# OF UNITS

5

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1848

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

RF-1

APN/PARCEL ID

0949-0040

ASK ABOUT THIS PROPERTY

Brent JacksonTTR Sotheby's International RealtyMore Info
202-263-9200

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Brent JacksonTTR Sotheby's International RealtyMore Info
202-263-9200

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