4236 BENNING ROAD NE
Washington, District of Columbia, 20019, United States
6,930 ft²
0.13 acres
- beds
- baths
Property Provided By
- Matt Cooper
- Alex Cooper Auctioneers, Inc.
- +1 (410) 977-4711
Connect with local buyer agents who are willing to offer commission savings!
Property Information
Online auction to be conducted on Auctioneers website! Online Only Auction: Bidding Begins Saturday, October 14th and ends Thursday, October 19, 2023 at 1:30 PM. Excellent opportunity to purchase a partially-leased, 10 unit apartment building. The property is well-located in the heart of the Benning Heights neighborhood of NE, Washington. According to the DC Office of Tax and Revenue, the property is 5,500 +/- sq. ft. of land area. It is zoned RA-1 and is served by public water, sewer, gas and electric. The property is improved by a three-story multi family building. The building's unit mix consists of 8 1 Bedroom/1Bath units and 1 studio. Based on the Rent Roll as of September, 2023, eight of the building's 10 units are occupied. All units are separately metered for gas and electric. Tenants pay their own gas and electric expense. Unit 102: Currently rented for $955.33/month Unit 103: Currently rented for 1,159.75/month Unit 104: Currently rented for $1,184.44/month Unit 201: Currently rented for $1,114.04/month Unit 202: Currently rented for $1,157.68/month Unit 203: Currently rented for $1,047.73/month Unit 301: Currently rented for $922.01/month Unit 302: Currently rented for $1,050/month Unit 303: Vacant - Gross Scheduled Monthly Rent = $8,590.98/month (Based on the Rent Roll as of September, 2023 which has 1 vacancy) - Gross Scheduled Annual Rent = $103,091.76/year (Based on the Rent Roll as of September, 2023, which has 1 vacancy) **Gross Potential Annual Rent Of $136,320** **Gross Potential Monthly Rent of $11,360** Please note that the estimated monthly rents for the vacant units used for the Gross Potential Monthly and Gross Potential Annual Rent calculations above were based on the DCHA's (DC Housing Authority) newly established process for determining rent reasonableness through the Market Rent Estimator found on AffordableHousing website.
Directions
E Capitol St NE to Benning Rd NE
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Listing Information © 2024 BrightMLS. All Rights Reserved.
Courtesy of Matt Cooper, Alex Cooper Auctioneers, Inc. Matt@alexcooper.com
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
This content last updated on 2024-10-04 11:02:18.
Property Provided By
- Matt Cooper
- Alex Cooper Auctioneers, Inc.
- +1 (410) 977-4711
Connect with local buyer agents who are willing to offer commission savings!
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