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31998108
31998107

10 49TH ST SE, WASHINGTON, DC 20019-6211

MZ
MD 631902, DC SP98368225 (+1)
Marcus & Millichap - Washington, D.C.
Listed by Marcus & Millichap - Washington, D.C.
Unpriced
44 days on market
Updated 44 days ago

10 49TH ST SE WASHINGTON DC 20019-6211

Details
APN 5330 0801
Property Type Multifamily
Sub Type Apartment Building
Square Footage 13,365
Units 12
Class C
Year Built 1953
Buildings 1
Stories 3
Lot Size (SqFt) 7,775
Zoning R-2
Parking Spaces spaces

REO Sale of a 15-Unit Multifamily Asset with Value-Add Upside in Growing Marshall Heights, SE DC

Marketing description

The Zupancic Group of Marcus & Millichap is pleased to present 10 49th Street SE, a lender owned 15-unit multifamily asset located in the Marshall Heights neighborhood of Washington, DC. The offering presents an opportunity to acquire a highly occupied asset with a uniform unit mix of two-bedroom flats well-aligned with submarket renter demand. With tenants responsible for all utilities except water and sewer, 12 off-street parking spaces, and an extremely convenient location steps from the Benning Road Metro and direct access to retail within walking distance, 10 49th Street SE offers a compelling combination of upside through operational efficiency, low expense exposure, and long-term appreciation potential driven by accelerating public and private investment in the surrounding corridor.

Investment highlights

  • Walking distance to Metro
  • Stable workforce housing fundamentals
  • Optimal unit mix for submarket demand
  • Low operating expense profile
  • 12 off-street parking spaces
  • Accessible residential location with nearby retail corridors
  • Proximity to Fletcher-Johnson redevelopment
  • East-of-the-River investment momentum

Listing Contacts

MZ
MD 631902, DC SP98368225 (+1)
Marcus & Millichap - Washington, D.C.
Listed by Marcus & Millichap - Washington, D.C.

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Additional Information

Name
Brian Hosey
License
DC BR200201612
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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