Back on the MARKET! PRIME investment opportunity boasting an impressive 10.5%+ CAP rate!!! Multi-family building in Washington, DC features 4 fully-occupied units, with a steady monthly income of $12,400. All units are rented through DCHA housing vouchers, ensuring consistent and reliable cash flow. This building not only delivers strong financial returns but also includes a dedicated on-site Super who efficiently handles maintenance and tenant concerns. Building layout is Two, 5 -bedroom units and Two, 2 bedroom units. Additional perks include convenient rear off-street parking and coin operated laundry room bringing in additional income. Don’t miss your chance to invest in this well-managed, high-yield asset in a vibrant SE DC.
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1942
Living Area: 2,556 SqFt
Listing Office:
Office Name: Real Broker, LLC
Office Phone: (850) 450-0442
Listing Agent: Anthony R Howard
Exterior Features
Parking Information:
Parking: Off Street, On Street, Alley, Parking Lot
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: Hillside is a 1 way street. Must come from East side, off 46th St SE.
Price Information
Listing Price Info
Price Summary:
List Price: $1,195,000
Price Per SqFt: $468/SqFt
Tax Information:
Annual Amount: $2,468
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $522.6K more than the Median Sold Price and $43/SqFt less than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2154140
Listing Office:
Office Name: Real Broker, LLC
Office Phone: (850) 450-0442
Listing Agent: Anthony R Howard
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Kipp Dc - Promise Academy Public Charter School
4801 Benning Rd SE
Distance between this listing and this school0.40 miles
Public Charter Grades KG-4
1
/10
Bradbury Heights Elementary School
1401 Glacier Ave
Distance between this listing and this school0.48 miles
Public District Grades PK-6
2
/10
C. W. Harris Elementary School
301 53rd St SE
Distance between this listing and this school0.62 miles
Public District Grades EE-5
Nearby Schools
3
/10
Kipp Dc - Key Academy Public Charter School
4801 Benning Rd SE
Distance between this listing and this school0.40 miles
Public Charter Grades 5-8
3
/10
William W. Hall Academy
5200 Marlboro Pike
Distance between this listing and this school0.93 miles
Public District Grades PK-8
2
/10
Dc Scholars Public Charter School
5601 E Capitol St SE
Distance between this listing and this school1.11 miles
Public Charter Grades PK-8
Nearby Schools
5
/10
The Seed Public Charter School of Washington Dc
4300 C St SE
Distance between this listing and this school0.98 miles
Public Charter Grades 9-12
2
/10
Maya Angelou Public Charter School - High School
5600 E Capitol St NE
Distance between this listing and this school1.18 miles
Public Charter Grades 9-12
5
/10
Woodson High School
540 55th St NE
Distance between this listing and this school1.50 miles
The neighbors living near this home have an average income of $34,574. Most Washington, DC residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
This home is located at 4606 Hillside Rd SE in Washington, DC and zip code 20019 in the River Terrace / Benning / Greenway / Fort Dupont neighborhood. This 2,556 square foot home, which was built in 1942, sits on a 0.08 acre lot. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $1,195,000.
Over 142 listings were sold over their listed price in October 2024 in Washington, DC. In the same period over 225 listings were sold below the listed price and 118 listings were sold for the listed price. The number of listings in Washington, DC increased by 21.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $672,329, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.