Active

3305 7th St NE

Washington DC, 20017

$3,999,999


$490.20 per sqft

Active

24 Beds

8,160 sqft

Other

Built in 2014

Don't miss your opportunity to own this thoughtfully constructed 24 bedroom, 24 bath student housing property. Rebuilt in 2014, this property is just steps away from Catholic Universities' Campus. The interior of each level of the building, four total, includes six 180 square feet bedrooms with floor to ceiling windows and six full private bathrooms. The common area boasts a contemporary look with a large furnished dining and living room, fully stocked kitchen with sleek commercial appliances, and in unit laundry.

The building currently boasts a 92% occupancy rate and all leases except one end before September 2024. This gives the new owner the opportunity to re-tenant before start of the school year. This unique property is constructed using 18 reinforced shipping containers ensuring the properties longevity and helping lower maintenance costs.

Located in the rapidly developing Brookland submarket within 5 minutes
of the Brookland-CUA Metro. Current leases are structured as short term with tenants at varying rental
rates and all tenants splitting all utilities.

DCDC2144910

MLS ID

June 4, 2024

Listed

June 11, 2024

Updated

Map

3305 7th St NE
Washington DC, 20017

Interior Features

Bedrooms

24


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes

Exterior/Building Features

Lot Size

0.11 Acres


Architectual Style

Other

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes

$18,946


Tax Frequency

Annually


Days on Market

1


Garage

No


Parking

On Street


View

No


County

WASHINGTON


Water Source

Public


Pool

No


Buyer Agency Compensation

1%

Listed by Brian C Hosey, with Marcus & Millichap Real Estate
Listing Contact: 2025363700 

The IDX display contains information sourced from the Bright MLS, Inc. as of 6/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/11/2024 at 3:28 PM UTC

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