311 H Street NE
Washington, DC 20002
- ā beds
- ā baths
- 8,174 sqft
- 2,751 sqft lot
- $281 per sqft
- 1947 build
Investorās Dream in Prime Washington, D.C. Location Presenting an unparalleled investment opportunity just steps away from Union Station, one of D.C.ās most sought-after hubs. This 16-unit apartment building, perfectly situated in the heart of the city, offers exceptional potential for both short-term and long-term returns. With a 2,500 sq. ft. commercial storefront that can be developed, this property invites endless possibilities, from retail to dining or office space, catering to the constant flow of foot traffic in this bustling area. The units within are well-designed, catering to urban professionals, travelers, and anyone looking for convenience and connectivity in the nationās capital. -Minutes from Union Station, the epicenter of transportation, dining, and commerce in D.C. -Unlimited Potential: 16 residential units plus a blank canvas storefrontāideal for future development. -Growth Opportunity: Situated in a high-demand rental market with strong appreciation potential. Whether youāre looking to renovate, lease, or develop further, this property is an investorās dream in one of Washington, D.C.ās most vibrant corridors. Donāt miss out on this rare opportunity to own a prime piece of the capitalās real estate landscape.
Listing courtesy of BRIGHT / Compass
Last checked:
Checkingā¦
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Last updated Oct 17, 2024
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MLS# DCDC2160694 ā
The Building
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Year Built:1947
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Year Built Source:Estimated
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Year Major Reno/Remodel:2015
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New Construction:No
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Construction Materials:Brick Front, Concrete, Masonry
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Structure Type:Other
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Architectural Style:Other
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Levels:3
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Accessibility Features:None
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:3500
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Total Below Grade SqFt Source:Estimated
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:4674
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Finished SqFt Source:Estimated
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Below Grade Finished SqFt:3500
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:8174
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Living Area SqFt:8,174 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Bank Portfolio, Conventional
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Possession:Settlement, 0-30 Days CD, 31-60 Days CD, Immediate
Location
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Directions:Please use gps
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Cross Street:3rd street
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Latitude:38.90003956
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Longitude:-77.00151344
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.06
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Lot Size Source:Estimated
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Lot SqFt:2,751 Sqft
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Zoning:NMU-5A/H-H
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Zoning Description:The H Street Northeast Mixed-Use Housing NMU-5A/H-H Zone is a sub-district of the H Street Northeast Neighborhood Mixed-Use zone
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Water View:No
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Soil Types:Urban Land Not Rated
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 577-9722
- Office phone:
- (240) 219-2422
Taxes
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Tax ID Number:NO TAX RECORD
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Tax Year:2024
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Tax Annual Amount:$32,000
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Tax Assessed Value:$1,879,000
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Year Assessed:2025
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City/Town Tax:35000.00
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Total Taxes Payment Frequency:Semi-Annually
Heating & Cooling
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Cooling Type:Heat Pump(s)
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Central Air:No
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Cooling Fuel:Other, Electric, Natural Gas
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Heating:Yes
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Heating Type:Heat Pump(s), Ceiling, Radiator
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Heating Fuel:Electric, Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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Elementary School:Ludlow Taylor
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Middle School:Stuart Hobson
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High School:DUNBAR SENIOR
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School District Name:District Of Columbia Public Schools
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School District Source:3rd Party
The Community
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Subdivision Name:Noma
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
Monthly cost estimate
Asking price
$2,300,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$12,315
|
Taxes | $2,666 |
Insurance | $632 |
Utilities | N/A |
Total | $15,613/mo.* |
*This is an estimate |
Walk ScoreĀ®
Provided by WalkScoreĀ® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Bikerās Paradise).
Transit ScoreĀ®
Provided by WalkScoreĀ® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Riderās Paradise).
Soundscoreā¢
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/21/24
Sep 21, 2024
|
Listed / Active | BRIGHT | $2,300,000 |