For Sale
$1,195,000
4606 Hillside Rd Washington, DC 20019
Four-unit building, high cap rate, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Exceptional investment opportunity: 4-unit apartment building in desirable Southeast DC.
- Three-story building (3,834 sq ft) on a 0.08-acre lot at 4606 Hillside Road SE, Washington, DC 20019.
- High 10.68% capitalization rate, generating $127,572 NOI.
- 100% occupancy (as of July 1, 2024); two 5-bedroom and two 2-bedroom units, each priced at $298,750.
- Asking price: $1,195,000 ($311.68/sq ft).
- Built in 1942, renovated in 2018 & 2022; R2 zoning; three off-street parking spaces; coin-operated laundry adds to income.
Property Details for 4606 Hillside Rd
- Property type
- Apartment buildings
- Square Feet
- 3,834 SF
- Year Built
- 1942
- Buildings
- 1
- Stories
- 3
- Lot Size (sq. ft)
- 3,485 SF
- Units
- 4
Location Insight
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Latitude
- 38.876491105705
- Longitude
- -76.933837867545
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Four-unit building, high cap rate, strong NOI.
- Where is the apartment building located?
- The property is located at 4606 Hillside Rd Washington, DC.
- What is the asking price?
- The asking price for this property is $1,195,000.
- What are key features of this property?
- This property features: Exceptional investment opportunity: 4-unit apartment building in desirable Southeast DC.; Three-story building (3,834 sq ft) on a 0.08-acre lot at 4606 Hillside Road SE, Washington, DC 20019.; High 10.68% capitalization rate, generating $127,572 NOI.
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