DC > Washington > Benning Heights
Washington, DC 20019,4236 BENNING RD NE
Washington, DC 20019,4236 BENNING RD NE
Washington, DC 20019,4236 BENNING RD NE
Washington, DC 20019,4236 BENNING RD NE
Washington, DC 20019,4236 BENNING RD NE
Washington, DC 20019,4236 BENNING RD NE
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Ryan Fagan

Ryan Fagan

+1(609) 200-1145
$ 600,000
Est. payment | /mo

6,930 SqFt

Save
$ 600,000
Est. payment | /mo
Save

6,930 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 6,930 sqft

Price per Sqft $86

Subdivision Benning Heights

MLS Listing ID DCDC2112720

Originating Board BRIGHT

Year Built 1941

Annual Tax Amount $6,008

Tax Year 2022

Lot Size 5,500 Sqft

Acres 0.13

Property Description

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.

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5087//0945

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Auction

Bright MLS (BMLS)
Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 200-1145

ryan.fagan@ardhirealestate.com

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4236 BENNING RD NE