61 Rhode Island Ave NE - Apartments FOR SALE
Washington, DC 20002 |
61 Rhode Island Ave NE
Washington, DC 20002
HIGHLIGHTS
- The Property is a freshly renovated, 23-unit building located on Rhode Island Avenue NE in one of the most attractive submarkets in Washington D.C.
- The Property is currently receiving rents of $3,872 for three bedrooms, $2,872 for two bedrooms, $2,467 for one bedrooms and $2,397 for efficiencies
- The Property has undergone significant general upkeep and many of the units have been renovated over the past few years.
- Located on a major thoroughfare, transportation from the Property is a breeze, whether you are traveling between states or a few blocks away.
- With a mix of studio, one-bedroom, two-bedroom, and three-bedroom units, the Property provides significant, low-risk cash flow.
- 95% of the gross rent roll is subsidized and thereby guaranteed by the government, reducing the risk of non-payment.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
22248
STORIES
3
YEAR BUILT
1913
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
3535-0058
