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1631 6th St NW
Washington, DC 20001 Shaw

$2,750,000 USD

Apartments For Sale  •  7,368 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,368 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 6.95 %
  • Zoning RF-1
90 Transit Score
100 Walk Score

Highlights

Turnkey 12-Unit Multifamily Asset with Modern Finishes and Minimal Near-Term Capital Requirements
100% Occupied with Strong In-Place Income with a 6.62 Percent Cap Rate, Providing Immediate, Stable Cash Flow
Projected Year One Cap Rate of 6.95%
Boutique Asset with Highly Desirable Unit Mix of Six - 1BR/1BA Units, Five 2BR/1 BA Units and One 2 BR/2 BA Unit
Transit-Oriented Positioning with Access to Three Metro Lines Less than Seven Blocks Away
Cap Rate: 6.95 %

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.6 mi
Union Station (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 5 min - 1.7 mi
Transit/SubwayDriveWalkDistance
Shaw-Howard U (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 1 min 7 min 0.3 mi
Mount Vernon Square/7th St-Convention Center (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 11 min 0.5 mi
U Street (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 17 min 0.7 mi
Gallery Place-Chinatown (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 3 min 20 min 1.0 mi
NoMA-Gallaudet U (Red Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 12 min - 6.1 mi
Washington Dulles International 46 min - 28.8 mi
Baltimore/Washington International Thurgood Marshall 46 min - 31.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Covered
Included in Rent: Yes
Lorenzo Wooten 202-536-3742 Marcus & Millichap
Lorenzo Wooten 202-536-3742 Marcus & Millichap