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$600,000

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6,930 SqFt

New

4236 BENNING RD NE Washington, DC 20019

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,930 sqft

Price per Sqft $86

Subdivision Benning Heights

MLS Listing ID DCDC2195504

Originating Board BRIGHT

Year Built 1941

Annual Tax Amount $5,857

Tax Year 2024

Lot Size 5,500 Sqft

Acres 0.13

Property Sub-Type Five Or More Units

Property Description

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Friday, May 2nd and ends Wednesday, May 7, 2025 @ 12:00PM. Excellent opportunity to purchase a partially-leased, 9 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" No TOPA contingency needed.

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

Water Access N

Accessibility None

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

Listed by Matthew S Cooper • Alex Cooper Auctioneers, Inc.

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4236 BENNING RD NE Washington, DC 20019

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4236 BENNING RD NE