For Sale
$2,430,000
747 10Th StWashington, DC 20003
9-Unit Building, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Exceptional Capitol Hill location: 9-unit multifamily building at 747 10th Street SE, Washington, DC, near Eastern Market, Barracks Row, and the Navy Yard. Walk Score of 97; six-minute walk to the Eastern Market Metro Station.
- Rare investment opportunity: Boutique multifamily property in a highly desirable Capitol Hill location, offering views of the Marine Barracks and Barracks Row. Suitable for various investment strategies, including market-rate rentals, voucher programs, corporate housing, student housing, and condo conversion.
- Significant value-add potential: High vacancy rate (77.7%, or 7 of 9 units) allows for immediate renovation and lease-up or condo conversion.
- Diverse unit mix with outdoor space: Nine units (three one-bedroom, two two-bedroom, and four three-bedroom). Upper-floor units have private decks; one unit has a patio. Potential for 3-4 off-street parking spaces.
- Transit-oriented location: Walking distance to Eastern Market and Potomac Avenue Metro stations (Blue, Orange, Silver lines). Close to Union Station (Red Line and Amtrak), bus routes, and major highways (I-695, I-395, I-295).
- Strong demographics: 47,000+ residents within 1 mile, average household income $199,624; over 284,300 residents within 3 miles, average income $143,547.
Property Details for 747 10Th St
- Property type
- Apartment buildings
- Square Feet
- 8,040 SF
- Year Built
- 1912
- Buildings
- 1
- Stories
- 4
- Units
- 9
Location Insight
- City
- Washington
- County
- District Of Columbia
- State
- District of Columbia
- Latitude
- 38.8800267
- Longitude
- -76.9929158
747 10Th St, Washington, District of Columbia
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