Nine-unit multifamily investment opportunity in historic Capitol Hill with existing cash flow and value-add potential. 9% cap on the pro forma NOI of $175,000. This approximately 7,400 SF building features spacious one- and two-bedroom apartments, four rear parking spaces, and two vacant units offering immediate lease-up potential. Five units have… Read More been converted to two-bedroom layouts, with an opportunity to convert the remaining four as units turn over. Tenants pay their own utilities. Conveniently located near Whole Foods (0.3 mi), Stanton Park (0.3 mi), Union Station (0.7 mi), and the H Street corridor, 525 7th St NE offers rental upside in an established neighborhood. Read Less
Courtesy of Stefan Rosu, Keller Williams Capital Properties 202-243-7700
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