bedrooms |
full baths
0.09 ACRES
Year Built: 1952
ACTIVE
Discover the potential at 610 Eastern Ave NE, where a well-situated 6-unit multifamily building awaits your investment savvy. Located on Eastern Ave, boasting access to all 6 Metro lines, this property offers unbeatable convenience. Featuring a well-balanced unit mix with 3 generous 2-bedroom units and 3 comfortable 1-bedroom units, this property is already equipped with washer/dryer and dishwasher in each unit, enhancing its appeal to tenants. 1 of the 6 units is vacant, with current gross income (under market) coming in at $6477/month. There's a golden opportunity to renovate and potentially increase gross annual rents by up to $125,000, especially by considering the conversion of 1-bedroom units into 2-bedroom layouts. Units are separately metered and cost is minimized with shared water services. Plus, benefit from the ongoing redevelopments in the neighborhood, positioning this property as a smart addition to your real estate portfolio. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. It’s on a seemingly endless array of “best of” real estate lists, with Redfin naming it one of “10 hottest neighborhoods in the COUNTRY”. Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. This is your chance to secure an investment with both immediate returns and promising long-term growth.
Property Details
MLS #
DCDC2116454
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$900,000
Year Built
1952
Lot Acreage
NA
Subdivision
City
WASHINGTON
County
WASHINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
UNK
Exterior Details
Home Type
Parking
Other
Interior Details
Interior Space
sq ft
Heating
Other - Forced Air
Cooling
Electric - Other
Hot Water
Other
Accessibility Features
None
Financial Details
County Tax
$4,070.00
Special Tax Assessment
$0
Tax Year
2022
Total Assessment
$487,600
Total Taxes
$4,070
Listing Courtesy of
Listing Office
Samson Properties
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.

Joan Stansfield, RealtorĀ®
Stansfield Signature LLC
Samson Properties
8521 Leesburg Pike, Ste 300
Tysons Corner 22182
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